Bank of America’s CEO warns that if stablecoins were allowed to pay interest, up to $6 trillion in deposits could flow out of traditional banks.
Why it matters:
Massive potential shift from banks to crypto
Highlights growing real-world adoption of stablecoins
Signals a possible disruption in traditional finance
Stablecoins aren’t just digital assets—they’re starting to compete directly with banks.
This could accelerate crypto adoption and reshape the financial system. 💥💰