$6 trillion. That's what Bank of America's own CEO says could leave the banking system.
Stablecoins currently hold around $310 billion in total market capitalization — less than 2% of total US bank deposits. Yet Bank of America CEO Brian Moynihan warned investors that up to $6 trillion in deposits could flow into stablecoins. Coin Gabbar
Why? Simple math. Chase pays 0.01% on savings. Coinbase pays 5% on USDC.
That's a 500x difference. Not 10%. Not double. Five hundred times more.
The Federal Reserve and American Bankers Association warn this migration could reduce US lending capacity by up to $1.26 trillion — directly threatening mortgages, student loans, and small business credit access. Coin Gabbar
But here's what nobody talks about: the US government can't actually stop this. The Treasury needs stablecoin issuers to keep buying billions in government debt. A total ban on stablecoin yield is complicated by this very dynamic — especially as China begins paying interest on its own digital sovereign currency. Coin Gabbar
The banking system is in a trap of its own making. Too slow to compete. Too important to fail. Too exposed to stablecoins to pretend they don't exist.
$6 trillion doesn't move overnight. But it is moving. Every single day.
DYOR. Not financial advice.#BitcoinReboundsTo$64K #SECApprovesActiveCryptoETF #JPMorganCEOFightsCLARITYAct $BTC
