Banks Fear Stablecoin Yields Threaten Deposit Safety
As crypto adoption grows, banks fear stablecoin yield flight, creating tension between traditional finance and digital innovators. The latest White House CLARITY Act meetings revealed that banks are worried about losing deposits to crypto platforms offering higher returns. While banks pay 0.25–1% on savings, stablecoins can generate 4–5% yields, attracting investors seeking better returns. This standoff isn’t just…

