Stablecoins Could Drain Trillions From Bank Deposits: Bank of America Flags $6T Risk That Could Redefine Lending
Stablecoin growth could siphon trillions from U.S. banks, shrinking lending capacity and raising borrowing costs, as Bank of America warns lawmakers that digital dollars may quietly reshape credit markets and funding acr...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This maps to the Stablecoins hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on Bitcoin NewsRelated market context
HKMA Pilot Lets Banks Settle Tokenized Deposits Nights and Weekends in Central Bank Money
Banks in Hong Kong can now settle tokenized deposit transactions with one another 24 hours a day, seven days a week, using tokeniz...
Mercado Bitcoin Halts Withdrawals Over Security Incident as Hypernative Flags $40 Million Drain
Brazilian crypto exchange Mercado Bitcoin suspended deposits and withdrawals on Monday after what it called a security incident in...
Onlend Unveils No-Code Infrastructure to Launch Custom Onchain Lending Apps
Built by a team with experience scaling a leading DeFi lending protocol, Onlend aims to make it easier for fintechs, asset manager...
Adam Back: Pension Funds Are Bitcoin’s “Third Wave” of Adoption
▶Bitcoin Magazine Adam Back: Pension Funds Are Bitcoin’s “Third Wave” of Adoption The first wave of Bitcoin adoption was individua...
Taurus Adds Stellar Smart-Contract Assets to Institutional Custody and Issuance
TL;DR Taurus announced live smart-contract asset support on October 29. The extension covers its custody and tokenization platform...
Bank of Korea Weighs How Its Banks Would Weather a Crypto Exchange Hack
The Bank of Korea has asked 31 South Korean financial firms how they would be affected if the crypto exchange with the No. 1 marke...