Stablecoins Have Become an Essential Tool for Businesses—FV Bank CEO Miles Paschini

• The demand for stablecoins is rising, particularly in cross-border transactions.
• European regulations, especially MiCA, are creating challenges for stablecoin issuers, requiring compliance with strict operational standards.
• The stablecoin market is projected to reach $1 trillion by 2025, driven by increased adoption in retail and institutional finance.

As stablecoin demand rises, so do regulatory challenges, particularly in Europe. Companies offering stablecoin-based products focus on enhancing global transactions and providing customers greater flexibility to securely manage their funds.

FV Bank recently made headlines by introducing Tether’s USDT direct deposits, enabling seamless conversion to USD for both individual and business clients.

This new feature is set to simplify global payments by offering instant conversion from USDt to usd, thereby reducing delays and potential complications typically associated with international transactions.

Miles Paschini, CEO of FV Bank, is optimistic about the future of stablecoins. He explains that the bank’s decision to invest in digital assets comes at a crucial time, with developments under President Trump’s administration and Europe’s evolving MiCA regulation shaping the landscape for these assets.

MiCA and European Market Dynamics

Stablecoin issuers will face significant impacts from MiCA’s new regulations, as they must obtain an EU-based Electronic Money Institution (EMI) license, meet strict operational standards and maintain sufficient reserves for 1:1 redemption. Offering interest on stablecoins is also prohibited to avoid bank-like activities.

Major institutions, like Revolut, Visa and Standard Chartered, are exploring EU-specific stablecoin solutions , but compliance costs could limit the presence of leaders, like Tether, in the region.

Paschini told CCN that, as the stablecoin market faces issues in Europe due to MiCA, his bank expects a higher demand, particularly from businesses seeking compliant and regulated stablecoin solutions.

“While MiCA introduces new challenges in Europe, it also provides much-needed regulatory clarity. We believe that businesses will increasingly seek partners that can offer compliant, seamless and secure solutions across multiple jurisdictions,” he said.

The bank expects its offering to drive financial inclusion by providing businesses and individuals with faster, more cost-effective alternatives to traditional banking channels.

“This will likely accelerate adoption, particularly in regions with inefficient payment infrastructures, and further establish stablecoins as a trusted medium for global transactions,” Paschini added.

Regulation Under Trump

On Jan. 23, President Donald Trump signed an executive order to solidify the U.S. as a leader in crypto and AI. The order aims to foster innovation, reduce regulatory uncertainty and protect financial sovereignty.

Key provisions include banning central bank digital currencies (CBDCs) , creating a national crypto stockpile and forming a working group to develop a regulatory framework.

Trump’s moves were almost expected, but Paschini forecasts a stronger focus on regulatory clarity and oversight, which is seen as a positive step for the industry.

“Clear regulations will foster innovation, enhance consumer protection and attract greater institutional adoption. Since President Trump’s recent inauguration, his administration has already taken decisive actions, such as creating task forces to develop regulations, rescinding SAB 121 and appointing a crypto czar,” Paschini said.

The crypto working group, led by David Sacks, has a tight timeline: 30 days to assess regulations, 60 days to recommend changes and six months to draft comprehensive crypto policies.

The executive order also proposes a national crypto reserve, including cryptocurrencies seized by federal law enforcement, with plans to include both Bitcoin (BTC) and U.S.-developed altcoins, like XRP .

For Paschini, these developments signal a clear commitment to positioning the U.S. as a global leader in crypto innovation.

“We work closely with regulators to ensure full compliance with applicable laws and guidelines. While the regulatory process can be complex, our proactive approach allows us to stay ahead of evolving requirements and maintain the highest compliance standards. We have fully integrated blockchain analytics tools to ensure a comprehensive, 360-degree view of our customers’ activities, reinforcing our commitment to regulatory compliance and risk management,” he shared.

Shifting to Safer Alternatives

Stablecoins are already playing a significant role in the financial system, bridging traditional finance and blockchain technology. But their growth is not over.

According to Paschini, their adoption will continue to grow, as regulatory frameworks evolve and institutional confidence increases.

This is also clear because many investors are shifting from volatile assets, like Bitcoin, to safer alternatives, such as real-world asset (RWA) tokens —blockchain-based representations of tangible assets—and stablecoins, which are tied to traditional currencies like the U.S. dollar.

Experts from the National Law Review note that stablecoins, now viewed as essential financial infrastructure, are gaining popularity for generating yield on decentralized finance (DeFi) platforms and are frequently included in fixed-income strategies.

“They [stablecoins] provide unparalleled efficiency in cross-border transactions, improve liquidity management and offer a stable, accessible medium of exchange for businesses worldwide,” Paschini said.

Towards More Efficient Financial Ecosystems

“Our expansion aligns with the growing demand for efficient, transparent and cost-effective cross-border payment solutions. As global commerce increasingly embraces digital assets, stablecoins have become an essential tool for businesses to move funds quickly and securely,” Paschini elaborated.

Paschini highlighted that the bank pioneered stablecoin integrations with bank accounts over two years ago. He sees this initiative as a natural progression of their mission to “Bank the Future,” aiming to lead the convergence of traditional banking and blockchain technologies.