$6.6 Trillion at Risk: Wall Street Fears Stablecoins Could Break the Banking System

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Story Highlights* Wall Street major bank warns stablecoins could drain $6.6 trillion from U.S. banking deposits.

  • Banking giants fear lending will shrink as investors shift savings into yielding stablecoins.
  • Meanwhile, Donald Trump and tech giants back stablecoins, intensifying battle against traditional banking control.
MAJOR-4.09%
TRUMP-4.29%
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