Tom Lee, co-founder of Fundstrat and chairman of BitMine, estimates that roughly 99% of financial activity still relies on traditional infrastructure, although the scope used to calculate this figure has not been specified. He warns that banks that delay developing services related to stablecoins and tokenized assets could lose ground to competitors. JPMorgan opened JPMD, a deposit token backed by a claim on the bank, to institutional clients on Base in November 2025, while SWIFT announced a shared-ledger project with Consensys and more than thirty financial institutions in September 2025. These initiatives show that traditional institutions are integrating blockchain, but they do not guarantee rapid adoption or a complete migration of finance to these new infrastructures.
Source: Read the original article
