The post Michael Saylor Explains Why Banks Won’t Wait For Bitcoin appeared on BitcoinEthereumNews.com. Key Insights Michael Saylor says major U.S. banks flipped from anti-Bitcoin to pro-crypto within the past 12 months. Eight of the top 10 U.S. banks are now involved in Bitcoin-backed lending, most joining in the last six months. Schwab and Citi are preparing to offer BTC custody and credit services starting next year. Saylor argues the banking sector’s pivot to Bitcoin is happening years earlier than industry forecasts expected. Bitcoin news from Binance Blockchain Week in Dubai took a sharp turn on December 4, 2025, when Strategy Inc. executive chairman Michael Saylor revealed that Wall Street’s largest banks had flipped from crypto skeptics to active participants in just 12 months, far ahead of the 4–8 year timeline experts once predicted. Speaking to a packed audience at the Coca-Cola Arena, Saylor listed BNY Mellon, PNC, Citi, JPMorgan, Wells Fargo, Bank of America, and Vanguard among those now offering Bitcoin custody and credit. He explained that eight of the top 10 U.S. banks entered crypto lending in the last six months alone. As Bitcoin traded at $92,669 and spot ETF inflows reversed to positive flows per Farside Investors data, Saylor’s comments underscore a structural shift: Mega-finance actors now steer Bitcoin’s trajectory, decoupling it from retail cycles and aligning it with macro forces like Fed easing and fiscal deficits. For investors, this Bitcoin news validates long-term conviction, though it demands vigilance on regulatory hurdles. From Skepticism to Bitcoin Custody in 12 Months Saylor delivered his insights during a fireside chat at Binance Blockchain Week, moderated by The Bitcoin Therapist, as clipped in a December 5 X post by @CryptosR_Us. He stated, “The world’s biggest banks weren’t supposed to embrace Bitcoin for another 4–8 years, but it’s already happening right now.” He ticked off names: BNY Mellon now custodies Bitcoin for ETFs, PNC offers… The post Michael Saylor Explains Why Banks Won’t Wait For Bitcoin appeared on BitcoinEthereumNews.com. Key Insights Michael Saylor says major U.S. banks flipped from anti-Bitcoin to pro-crypto within the past 12 months. Eight of the top 10 U.S. banks are now involved in Bitcoin-backed lending, most joining in the last six months. Schwab and Citi are preparing to offer BTC custody and credit services starting next year. Saylor argues the banking sector’s pivot to Bitcoin is happening years earlier than industry forecasts expected. Bitcoin news from Binance Blockchain Week in Dubai took a sharp turn on December 4, 2025, when Strategy Inc. executive chairman Michael Saylor revealed that Wall Street’s largest banks had flipped from crypto skeptics to active participants in just 12 months, far ahead of the 4–8 year timeline experts once predicted. Speaking to a packed audience at the Coca-Cola Arena, Saylor listed BNY Mellon, PNC, Citi, JPMorgan, Wells Fargo, Bank of America, and Vanguard among those now offering Bitcoin custody and credit. He explained that eight of the top 10 U.S. banks entered crypto lending in the last six months alone. As Bitcoin traded at $92,669 and spot ETF inflows reversed to positive flows per Farside Investors data, Saylor’s comments underscore a structural shift: Mega-finance actors now steer Bitcoin’s trajectory, decoupling it from retail cycles and aligning it with macro forces like Fed easing and fiscal deficits. For investors, this Bitcoin news validates long-term conviction, though it demands vigilance on regulatory hurdles. From Skepticism to Bitcoin Custody in 12 Months Saylor delivered his insights during a fireside chat at Binance Blockchain Week, moderated by The Bitcoin Therapist, as clipped in a December 5 X post by @CryptosR_Us. He stated, “The world’s biggest banks weren’t supposed to embrace Bitcoin for another 4–8 years, but it’s already happening right now.” He ticked off names: BNY Mellon now custodies Bitcoin for ETFs, PNC offers…

Michael Saylor Explains Why Banks Won’t Wait For Bitcoin

Key Insights

  • Michael Saylor says major U.S. banks flipped from anti-Bitcoin to pro-crypto within the past 12 months.
  • Eight of the top 10 U.S. banks are now involved in Bitcoin-backed lending, most joining in the last six months.
  • Schwab and Citi are preparing to offer BTC custody and credit services starting next year.
  • Saylor argues the banking sector’s pivot to Bitcoin is happening years earlier than industry forecasts expected.

Bitcoin news from Binance Blockchain Week in Dubai took a sharp turn on December 4, 2025, when Strategy Inc. executive chairman Michael Saylor revealed that Wall Street’s largest banks had flipped from crypto skeptics to active participants in just 12 months, far ahead of the 4–8 year timeline experts once predicted.

Speaking to a packed audience at the Coca-Cola Arena, Saylor listed BNY Mellon, PNC, Citi, JPMorgan, Wells Fargo, Bank of America, and Vanguard among those now offering Bitcoin custody and credit. He explained that eight of the top 10 U.S. banks entered crypto lending in the last six months alone.

As Bitcoin traded at $92,669 and spot ETF inflows reversed to positive flows per Farside Investors data, Saylor’s comments underscore a structural shift: Mega-finance actors now steer Bitcoin’s trajectory, decoupling it from retail cycles and aligning it with macro forces like Fed easing and fiscal deficits.

For investors, this Bitcoin news validates long-term conviction, though it demands vigilance on regulatory hurdles.

From Skepticism to Bitcoin Custody in 12 Months

Saylor delivered his insights during a fireside chat at Binance Blockchain Week, moderated by The Bitcoin Therapist, as clipped in a December 5 X post by @CryptosR_Us. He stated,

He ticked off names: BNY Mellon now custodies Bitcoin for ETFs, PNC offers lending against BTC collateral, and Citi prepares similar services for 2026.

JPMorgan, Wells Fargo, and Bank of America have followed suit, with Vanguard launching Bitcoin-linked products in Q4.

Source: X

This acceleration traces to Basel III reforms finalized in July 2025, which classified Bitcoin as a Tier 1 asset for banks, per Federal Reserve guidelines that month.

Eight of the top 10 U.S. banks now facilitate crypto lending, up from zero in Q4 2024, according to a PwC report released November 28, 2025, analyzing $50 billion in new credit lines extended since September. Schwab’s planned custody rollout in Q1 2026, announced December 2, rounds out the list.

Replies to the clip captured trader excitement: @CryptoJoeReal posted December 5, “Institutions want Bitcoin.

Everyone wants Bitcoin,” while @GuoyuRwa added, “Wall Street was supposed to ‘warm up to Bitcoin’ by 2030… and they’re already sprinting in by Q4 2025.”

Bitcoin News on Lending Boom: $50 Billion in New Credit Lines

Saylor emphasized lending as the tipping point. He pointed to JPMorgan’s $10 billion BTC-backed credit facility launched October 15, 2025, per company filings.

This follows a broader surge: Crypto lending volumes hit $150 billion annualized in Q4, up 300% from Q1, per Kaiko Research’s December 3 report, with banks capturing 40% share from DeFi protocols.

Banks hold Bitcoin as collateral at 50-70% LTV, issuing USD loans at 4-6% rates, lower than DeFi’s 8% averages on Aave, per its dashboard.

PNC’s program, rolled out November 20, has originated $2.5 billion in loans, mostly to family offices, per American Banker December 2.

This Bitcoin news reduces volatility drag: Borrowers avoid selling BTC during dips, preserving upside.

Institutional flows back this. BlackRock’s IBIT ETF AUM reached $62.45 billion by December 5, up 5% weekly, while derivatives notional surged from $10 billion to $50 billion in four weeks, CME Group data confirms November 28.

Saylor tied it to macro:

Saylor dismissed the 4-year halving cycle as outdated. “The halving isn’t what drives Bitcoin anymore,” he argued in the clip, noting daily volumes at $100 billion, 5x the 2021 average, render supply shocks marginal.

Post-April 2024 halving, Bitcoin’s 120% YTD gain stems from ETFs and corporate treasuries like MicroStrategy’s 650,000 BTC holdings.

Source: https://www.thecoinrepublic.com/2025/12/07/michael-saylor-explains-why-banks-wont-wait-for-bitcoin/

Market Opportunity
Threshold Logo
Threshold Price(T)
$0,007384
$0,007384$0,007384
+1,17%
USD
Threshold (T) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Jump’s Firedancer Team Proposes Removing Solana Block Limit After Alpenglow Upgrade

Jump’s Firedancer Team Proposes Removing Solana Block Limit After Alpenglow Upgrade

PANews reported on September 29th that according to The Block, Jump Crypto's Firedancer team is building a high-performance client for Solana. Their SIMD-0370 proposal proposes removing the current fixed limit of 60 million CUs per block (a previous proposal had raised this limit to 100 million) after Solana's major Alpenglow upgrade, scheduled for testing later this year. Without a fixed limit, block size would adjust based on the transaction volume accommodated by high-performance validators, while weaker validators would automatically abstain from voting on oversized blocks by skipping the voting mechanism. The proposal argues that removing the limit would encourage well-funded block producers to upgrade their hardware and add more transactions to increase revenue, incentivizing others to follow suit, creating a "flywheel effect" and increasing the average capacity of validator clients. Roger Wattenhofer, head of research at Anza and a driving force behind Solana's Alpenglow upgrade, supports removing the limit but also expresses concerns about potential centralization and network stability risks. He stated that these issues are solvable and that he has been a staunch supporter of removing the limit.
Share
PANews2025/09/29 07:16
b1BANK Partners With Covecta to Deploy Agentic AI

b1BANK Partners With Covecta to Deploy Agentic AI

b1BANK and Covecta announced a strategic partnership to deploy agentic AI across the bank’s day to day workflows The post b1BANK Partners With Covecta to Deploy
Share
ffnews2026/02/18 08:00
[Rear View] It’s Sara’s power move. Can the opposition beat her in 2028?

[Rear View] It’s Sara’s power move. Can the opposition beat her in 2028?

VEEP. Vice President Sara Duterte announces her presidential bid in 2028 on February 18, 2026.
Share
Rappler2026/02/18 17:08