Bank of America CEO: $6 Trillion Could Leave Banks for Stablecoins

Bank of America CEO Brian Moynihan warned that up to $6 trillion in deposits could flow into stablecoins. While stablecoins currently hold $310 billion — less than 2% of total US bank deposits — the yield gap is brutal: Chase pays 0.01% APY while Coinbase and Kraken offer 3.5–5% on USDC. When the biggest bank in America sounds the alarm, pay attention$BTC