Stablecoins Are Moving From Trading Tools to Financial Infrastructure
Stablecoins are no longer used primarily for crypto trading. Their role is expanding into the transfer and movement of funds between markets.
Bank of America CEO Warns $6T in Deposits Could Flow into Stablecoins
Bank of America CEO Brian Moynihan warned that up to $6 trillion, or roughly 30% to 35% of commercial bank deposits, could migrate into interest-bearing stablecoins, creating a direct challenge to bank funding and lending capacity. His central message was that yield-bearing stablecoins could become a meaningful competitor to traditional deposits.