TGB Magazine

Q4 2025: Banks join the stablecoin race

The GENIUS Act gave digital dollars a legal home. Banks are now deciding whether to fight them, issue them or tokenise their own deposits.

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TGB Magazine Q4 2025, Issue 04, page 1: Cover — Page 1

TGB Magazine Q4 2025, Issue 04, page 2: Contents — Page 2

TGB Magazine Q4 2025, Issue 04, page 3: Editor’s letter — Page 3

TGB Magazine Q4 2025, Issue 04, page 4: Leaders — Page 4

TGB Magazine Q4 2025, Issue 04, page 5: Leaders — Page 5

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