BREAKING | $DUSK

Bank of America CEO Brian Moynihan warns interest-bearing stablecoins could drain up to $6 TRILLION from U.S. banks.

What yield-bearing stablecoins could do 👇

đŸ”» Pull deposits out of traditional banks

đŸ”» Shrink banks’ lending capacity

đŸ”» Push borrowing costs higher across the economy

Why this matters:

Banks run on deposits to fund loans.

If savers can earn yield on-chain, instantly, without intermediaries — deposits move.

Translation (no noise):

‱ Stablecoins directly compete with bank deposits

‱ Yield turns crypto into a real savings alternative

‱ Banks lose funding → power shifts

This isn’t about “risk.”

Banks aren’t afraid of crypto prices.

They’re afraid of crypto functionality.

$AXS $BERA