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BofA CEO: Stablecoin Yields Could Wipe Out 35% of Bank Deposits

James Park1 week ago06 mins

Bank of America CEO Brian Moynihan warns stablecoin yields could drain 35% of US bank deposits, sparking regulatory fears and a race to adapt. Analysis and expert insight.

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BofA CEO: Stablecoin Yields Could Wipe Out 35% of Bank Deposits