Bank of America CEO Brian Moynihan warns Trump’s 10% credit card rate cap could reduce credit access and slow spending.
・Bank of America CEO Brian Moynihan said as much as $6 trillion in bank deposits could shift to interest-paying stablecoins. ・Moynihan warned small businesses could feel it first, as fewer bank ...
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Bank of America CEO warns $6 trillion could flee to stablecoins—here's why banks are terrified
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 ...
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