Major US Banks Embrace Bitcoin Services

Over half of top US banks now offer bitcoin services.

More than half of the largest banks in the United States have launched or announced services related to the leading cryptocurrency, according to financial firm River.

60% of the top US banks are into bitcoin. pic.twitter.com/AqceDDfjDP

— River (@River) January 26, 2026

Analysts examined the top 25 financial institutions in the country, revealing that 60% of them offer trading or custody of digital assets.

Three members of the “big four” US banks, with combined assets of over $7.3 trillion, have shown interest in the industry:

• JPMorgan Chase is considering adding crypto trading;
• Wells Fargo offers institutional clients loans backed by bitcoin;
• Citigroup is exploring the launch of custodial services.

Swiss giant UBS, operating in the American market, also plans to open bitcoin and Ethereum trading for wealthy clients.

Bank of America, the second-largest bank in the US with assets of $2.67 trillion, remains on the sidelines. Capital One and Truist Bank have not announced any plans to engage with cryptocurrency.

Coinbase CEO Brian Armstrong confirmed the shift in sentiment within the traditional sector.

Just wrapped up our week in Davos. I don’t love wearing a suit every day, but sometimes it has to be done!

Davos is a unique place — world leaders and CEOs (and lots of crypto companies!) all come together in a small mountain town in Switzerland for a few days. It’s a productive… pic.twitter.com/0lO5TqRhkL

— Brian Armstrong (@brian_armstrong) January 24, 2026

Following the Davos forum, he noted that bankers have become more amicable towards the industry. One global CEO referred to cryptocurrencies as “priority number one,” viewing them as a matter of business survival.

Despite the interest in bitcoin, banks maintain a strict stance on yield-generating stablecoins, seeing them as risks to system stability.

Earlier, Circle CEO Jeremy Allaire stated that interest payments on “stablecoins” do not threaten the banking system.