Over 50% of all retail banking deposits sit in non-interest bearing checking accounts

You read that right. Over half of all retail deposits earn zero interest while banks profit on their deposits

Stablecoins (programmable money) will fundamentally change banking and consumer finance

Stablecoins will collapse 3 banking products into one: checking, savings and money market account. They simplify the customer experience

Customers should earn interest on their deposits. Most don’t know any better. Financial literacy won’t improve overnight - instead programmable money will make sure customers automatically enroll into these programs so their money works for them

Banks won’t like it but they’ll have no choice but to adapt…