According to CoinMeta, Charles Siff, CEO of Wells Fargo, stated that the bank is preparing for US stablecoins and building potential solutions for the North American market. Siff noted that the use cases in the US are still not clear, but the bank is getting ready for any opportunities that may arise. Wells Fargo has joined a project with 20 financial institutions, including Goldman Sachs, Citibank, and Bank of America, with the goal of launching a US dollar stablecoin in the first half of 2027. The planned uses include cross-border payments and digital asset settlement, further pushing traditional financial giants into the field of digital currencies.