🇺🇸U.S. bankers warn that yield-bearing stablecoins could draw up to $6.6T out of traditional bank deposits, potentially threatening local lending.
Regulators say any big shift would not happen overnight, but concerns are growing.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
🏦$6.6 TRILLION IN BANK DEPOSITS AT RISK
🇺🇸U.S. bankers warn that yield-bearing stablecoins could draw up to $6.6T out of traditional bank deposits, potentially threatening local lending.
Regulators say any big shift would not happen overnight, but concerns are growing.