💸 MONEY SHIFT: U.S. banks are now on defense as stablecoins go mainstream.
With legal clarity from the GENIUS Act and 4%+ USDC yields on Coinbase, banks fear a $6.6T deposit exodus.
Now JPM, Citi, and BofA are racing to launch their own stablecoins. The game has changed. 🏦🪙 #USCryptoWeek #MarketSentimentToday