{"id":542128,"date":"2026-01-15T20:52:46","date_gmt":"2026-01-15T20:52:46","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/01\/15\/bank-of-america-ceo-warns-interest-bearing-stablecoins-could-pull-6t-from-us-banks\/"},"modified":"2026-01-15T20:52:46","modified_gmt":"2026-01-15T20:52:46","slug":"bank-of-america-ceo-warns-interest-bearing-stablecoins-could-pull-6t-from-us-banks","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/01\/15\/bank-of-america-ceo-warns-interest-bearing-stablecoins-could-pull-6t-from-us-banks\/","title":{"rendered":"Bank of America CEO warns interest-bearing stablecoins could pull $6T from US banks"},"content":{"rendered":"

\"Bank<\/p>\n

In an earnings call transcript shared on X, BofA CEO Brian Moynihan pointed to studies suggesting yield-bearing stablecoins could draw trillions from the banking system.<\/p>\n

Bank of America CEO Brian Moynihan warned that interest-bearing stablecoins could pull as much as $6 trillion out of the US banking system, arguing that large-scale deposit migration would reduce lending capacity and push borrowing costs higher.<\/p>\n

The comments surfaced after a crypto investor shared a screenshot from Bank of America\u2019s earnings call transcript on X<\/a>.<\/p>\n

During the call, Moynihan pointed to Treasury-cited studies showing that a significant share of bank deposits could shift into stablecoins if issuers are allowed to pay interest. He said such products would function more like \u201ca money market mutual fund concept,\u201d with funds held in cash, central bank reserves or short-term Treasurys rather than deployed for lending.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

In an earnings call transcript shared on X, BofA CEO Brian Moynihan pointed to studies suggesting yield-bearing stablecoins could draw trillions from the banking system. Bank of America CEO Brian Moynihan warned that interest-bearing stablecoins could pull as much as $6 trillion out of the US banking system, arguing that large-scale deposit migration would reduce […]<\/p>\n","protected":false},"author":1,"featured_media":542129,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-542128","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/542128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=542128"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/542128\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/542129"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=542128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=542128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=542128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}