Bank of America CEO Warns $6T in Deposits Could Flow into Stablecoins
YahooAmin Ayan
Bank of America CEO Warns $6T in Deposits Could Flow into Stablecoins
Bank of America CEO Brian Moynihan has warned that stablecoins could pull trillions of dollars out of the US banking system, underscoring growing tensions between traditional lenders and the digital asset industry. Key Takeaways: Up to $6 trillion in US bank deposits could move into stablecoins, according to Bank of ...
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