🔥 U.S. Banks Rushing Into Crypto — But Fitch Issues BIG Warning ⚠️💰🏦
U.S. banks like JPMorgan, Bank of America, Citi, Wells Fargo are jumping into crypto, stablecoins & blockchain tech 🚀
But Fitch Ratings says: opportunity = YES… but massive risks too 😳
⚡ What’s happening?
Banks want higher fees, better yields & faster payments 💵💨
New bills like the GENIUS Act & CLARITY Act could make stablecoins go mainstream 🏛️🪙
Banks exploring: stablecoin issuance, tokenized deposits & blockchain payments 🔗
⚠️ Fitch Warning:
Crypto exposure can trigger liquidity, compliance, operational & reputational risks 😬
If banks overextend → ratings can be downgraded 📉😵
Stablecoin explosion could impact Treasury markets & even U.S. dollar stability 🇺🇸💥
👀 Even Moody’s warned that too many USD stablecoins could weaken the U.S. monetary system.
Senate meetings are happening THIS WEEK 🏛️🔥 — decisions could change crypto banking forever.
Stay tuned.
Crypto is going mainstream… with high rewards & high risks. 🚀⚠️ #TRUMP #TrumpTariffs #crypto #Fed #CPIWatch $POWER
