BofA CEO flags $6T bank deposit risk from stablecoin yield
In an earnings call transcript shared on X, BofA CEO Brian Moynihan pointed to studies suggesting yield-bearing stablecoins could draw trillions from the banking system.
In an earnings call transcript shared on X, BofA CEO Brian Moynihan pointed to studies suggesting yield-bearing stablecoins could draw trillions from the banking system.
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