US Banks Losing Deposits to Crypto…
Customers at regional banks are increasingly moving funds to Coinbase.
According to KlariVis:
▫️ 92 banks analyzed
▫️ $78.3M net deposit outflow over 13 months
▫️ For every $ 1 returned from the exchange, $2.77 is transferred into crypto
▫️ 96% of outflows come from money market accounts
Some liquidity is shifting from the traditional banking system into crypto. For smaller banks, this is already a noticeable factor.
How about you: keep funds in a bank, move them to crypto, or diversify?
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