Bank of America Alert: $6 Trillion Could Shift to Stablecoins
Brian Moynihan warns paying interest on stablecoins may trigger $6T outflow from U.S.
banks around 30–35% of all deposits.
Banks resist because:
Stablecoins compete with traditional deposits
Reserves move from government bonds to stablecoins
Less deposits costlier loans & tighter credit
CLARITY bill update passive returns banned;
only active rewards (staking, liquidity, collateral allowed.
