🚨 HEADLINE : 🇺🇸 US BANKS FACE "$6 TRILLION DRAIN" BY STABLECOIN.
U.S. Banks just admitted to the COMPETITIVENESS of Stablecoins.
In an interview Bank of America's CEO Brian Moynihan passed a WARNING predicting a "$6 trillion" drain from U.S. Banks by interest-bearing Stablecoins, crippling lending and sending borrowing costs soaring.
THIS IS AN INCREDIBLY PRECISE NUMBER Indicating only increased FEAR of Stablecoins by BANKS.
Add to watchlist : $GUN | $DUSK |$GLMR {future}(GUNUSDT)
{future}(DUSKUSDT)
{spot}(GLMRUSDT) Banks vs Stablecoins
WHO WILL WIN THIS STRUGGLE FOR ECONOMIC DOMINANCE??