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🚨 Bank of America CEO Warns Stablecoins Could Drain Trillions in Deposits

Bank of America CEO Brian Moynihan stated that stablecoins could threaten up to $6 trillion in bank deposits, according to CoinDesk. He echoed warnings from other banks but noted Bank of America would "be fine."

🚨 Bank of America CEO Warns Stablecoins Could Drain Trillions in Deposits

Bank of America CEO Brian Moynihan stated that stablecoins could threaten up to $6 trillion in bank deposits, according to CoinDesk. He echoed warnings from other banks but noted Bank of America would "be fine."