Banks Pivot to Stablecoin Infrastructure at MERGE Madrid 2026

BeInCrypto reports from MERGE Madrid 2026 that banks and institutions are shifting from crypto trading to building stablecoin payment rails and tokenized asset infrastructure. Cross-border stablecoin transfers rose 80% year over year, OSL EU received a MiCA license in Austria, and the Qivalis consortium expanded to 37 institutions across 15 countries to run a euro stablecoin on public Ethereum. Western Union and Anchorage also launched the dollar-backed USDPT token on Solana for agent settlement in Bolivia and the Philippines.