Stablecoin Wars Heat Up! Deutsche Bank Considers Launching Its Own Digital Asset  

TradingKey – Deutsche Bank is exploring the launch of its own stablecoin, signaling major shifts in the digital asset market.  

On Monday, June 9, sources reported that Deutsche Bank is considering issuing its own stablecoin. The bank’s Head of Digital Asset Transformation, Sabih Behzad, revealed, "Deutsche Bank is actively evaluating the possibility of launching its own stablecoin."

Last Thursday, Circle (CRCL), issuer of USDC — the world’s second-largest stablecoin — went public on the New York Stock Exchange, soaring 235% on its debut. Investor enthusiasm reflects growing confidence in the future of stablecoins, fueled by increasingly favorable U.S. regulatory policies.  

According to CoinMarketCap, the crypto industry has launched 233 stablecoins with a combined market cap of over $250 billion, including:  

- USDT (Tether) – $150 billion market cap  

- USDC (Circle) – $61 billion market cap  

Governments worldwide — including the U.S., South Korea, and Hong Kong — are actively shaping stablecoin regulations through new laws and frameworks. These initiatives will:  

- Accelerate stablecoin adoption  

- Expand the overall market size  

- Drive institutional participation (especially banks entering stablecoin issuance)  

- Phase out weaker, low-liquidity stablecoins lacking solid asset backing