Stablecoin Interest Sparks Alarm: BofA CEO Warns of $6 Trillion Bank Deposit Exodus
WASHINGTON, D.C., March 2025 – A stark warning from Bank of America CEO Brian Moynihan has ignited urgent discussions about the future of American finance. Moynihan cautioned that permitting interest payments on stablecoins could trigger a massive $6 trillion migration from traditional bank deposits into the cryptocurrency market. This potential shift represents approximately one-third of […]
