Basel Committee: Banks Flee Bitcoin for Stablecoins and Altcoins
The Basel Committee on Banking Supervision released its latest statistics for banking crypto asset activities in the second half of 2025. The report shows that while there was reasonable growth in custody and a significant increase in client activities, prudential exposures remained flat compared to the first half of the year.
The most notable change was in the makeup of prudential exposures, particularly in the Americas. Bitcoin's proportion fell from 75.8% to 44.2%, while Ether saw its share increase to 38.5%. Other cryptocurrencies like Solana and XRP also gained ground, with shares of 7.8% and 5.6% respectively.
The report highlights a shift away from Bitcoin in the Americas, as well as an increased focus on stablecoins globally. This change may indicate banks' cautious approach to crypto exposures under current Basel rules.