๐จ BANK OF AMERICA WARNS: STABLECOINS VS BANKS ๐ฅ
Bank of America says yield-bearing stablecoins could pull $6 TRILLION ๐ฐ from U.S. bank deposits โ nearly 35% of total liquidity โ ๏ธ
Why? Stablecoins can offer higher yields than banks, threatening lending power and profits ๐งฉ
๐ฆ Banks are now pushing lawmakers to ban stablecoin interest, calling it a risk to the traditional system โ๏ธ
Crypto isnโt just growing โ itโs challenging banking at its core ๐ฅ
This is no longer theory.
Itโs a financial power shift ๐
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