Stablecoin Yield Will Attract $6 Trillion in Bank Deposits: Bank of America

thecryptobasic2026-01-15 15:39:15

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Stablecoin Yield Will Attract $6 Trillion in Bank Deposits: Bank of America

Bank of America has highlighted the threat that stablecoins would pose for US banks and their operation if they incorporated yield-bearing features. Its CEO, Brian Moynihan, told reporters during the company's quarterly earnings call on Wednesday that banks would see a massive liquidity outflow into stablecoins.

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