🚨 CRYPTO vs BANKS: The $6T Power Shift Has Started
BREAKING: Bank of America CEO Brian Moynihan has warned that interest-bearing stablecoins could drain as much as $6 trillion from U.S. banks, and the reason has nothing to do with price volatility. Banks survive on deposits. Those deposits fund loans, control credit, and keep the traditional financial system running. If savers can earn yield on-chain, instantly, without lockups or intermediaries, that money naturally moves out of banks and into crypto-native systems.
This is where the real threat lies. Yield-bearing stablecoins don’t just challenge banking products, they directly compete with savings accounts. As deposits leave, banks lose lending capacity, borrowing costs rise across the economy, and financial power slowly shifts away from centralized institutions. This isn’t a risk narrative. It’s disintermediation in real time.
Banks aren’t afraid of crypto prices.
They’re afraid of crypto functionality.
#Stablecoins #CryptoAdoption #DeFi #OnChain #Finance $BTC