🚨 Stablecoins vs Banks: A $6.6 Trillion Shock Incoming?
Citi`s Future of Finance head simply dropped a large warning:
👉 If stablecoins begin paying interest, U.S. banks should face huge outflows, much like the cash marketplace fund explosion withinside the 1980s.
📊 Back then, deposits fled banks due to the fact buyers chased better yields. Now, believe the equal happening — however with stablecoins.
⚠️ U.S. banks fear $6.6 TRILLION should go away the conventional device if stablecoins provide higher returns. That`s now no longer only a dent — that`s a ability banking crisis.
💵 The twist? The U.S. authorities helps stablecoins to shield the dollar`s dominance globally.
So the massive query is:
➡️ Are stablecoins the destiny of cash markets, or the most important chance to banks seeing that 2008?
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