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Bank of America CEO warns interest-bearing stablecoins could pull $6T from US banks

BitRSS

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.

Bank of America CEO warns interest-bearing stablecoins could pull $6T from US banks - BitRSS | CryptoEye Crypto News
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