Banks Fear $6.6T Deposit Outflow as Stablecoins Rise

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Why banks are fighting stablecoins:
US Treasury estimates stablecoin growth could trigger $6.6 trillion in bank deposit outflows. Banks claim stablecoin perks create “indirect interest” — violating the GENIUS Act.

Coinbase argues stablecoins could cut $180B+ in annual card fees — a threat to traditional banking profits.

Exchanges like Coinbase benefit from higher stablecoin use via trading fees and rewards programs they fear may now be restricted.

[EmTeam]

Traditional banks finally realizing how disruptive stablecoins really are.

[alex10]

The shift toward digital money is accelerating — and it's unavoidable now.

[alex10]

@EmTeam