{"id":68089,"date":"2026-01-16T17:46:33","date_gmt":"2026-01-16T17:46:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=68089"},"modified":"2026-01-16T17:46:33","modified_gmt":"2026-01-16T17:46:33","slug":"bank-of-america-ceo-warns-6-trillion-could-flee-to-stablecoins-heres-why-banks-are-terrified","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=68089","title":{"rendered":"Bank Of America CEO Warns $6 Trillion Could Flee To Stablecoins\u2014Here&#8217;s Why Banks Are Terrified"},"content":{"rendered":"<div>\n<p><strong>Bank of America<\/strong> <a class=\"ticker-link\" data-ticker=\"BAC\" data-exchange=\"NYSE\" href=\"https:\/\/www.benzinga.com\/quote\/BAC\" target=\"_blank\" rel=\"noopener\">(NYSE:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/BAC\">BAC<\/a>) CEO <strong>Brian Moynihan<\/strong> has warned that allowing interest-bearing stablecoins could pull up to $6 trillion in deposits out of banks.<\/p>\n<h3 class=\"wp-block-heading\">Why Banks Are Fighting Stablecoin Yields<\/h3>\n<p>Moynihan <a href=\"https:\/\/www.theblock.co\/post\/385724\/bank-of-america-ceo-stablecoin-yields\">said<\/a> on the bank\u2019s earnings call on Wednesday that stablecoins structured like money market funds would pull deposits out of the banking system, forcing banks to rely on expensive wholesale funding instead of cheap customer deposits.<\/p>\n<p>The issue is simple: if stablecoins offer 4% yield while banks pay 0.1% on savings accounts, depositors will move their money on-chain.<\/p>\n<p>Banks would lose their free funding source and either cut lending or borrow from the Fed at &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/01\/49972482\/bank-of-america-ceo-warns-6-trillion-could-flee-to-stablecoins-heres-why-banks-are-terrifie?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Bank\" of america ceo warns trillion could flee to stablecoins why banks are terrified>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bank of America (NYSE:BAC) CEO Brian Moynihan has warned that allowing interest-bearing stablecoins could pull up to $6 trillion in deposits out of banks. Why Banks Are Fighting Stablecoin Yields Moynihan said on the bank\u2019s earnings call on Wednesday that stablecoins structured like money market funds would pull deposits out of the banking system, forcing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-68089","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/68089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=68089"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/68089\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=68089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=68089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=68089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}