Bank of America CEO: Interest-Bearing Stablecoins Could Take $6T Out of Bank Deposits

Bank of America CEO: Interest-Bearing Stablecoins Could Take $6T Out of Bank Deposits
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Interest-bearing stablecoins could take $6 trillion out of bank deposits according to Bank of Americas CEO, who argued that small-to-medium-sized businesses could be hurt as a result.
Brian Moynihan… [+3105 chars]

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