Bank of America CEO: Interest-Bearing Stablecoins Could Take $6T Out of Bank …
In recent developments, the statement comes amid controversy surrounding allowing yield-bearing stablecoins in the Senate Banking Committee’s upcoming crypto bill. Looking closer, market participants highlight key drivers such as liquidity…
Bank of America CEO warns interest-bearing stablecoins could pull $6T from US…
In recent developments, 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. Looking closer,…
Yield-bearing stablecoins risk ‘dangerous’ parallel banking system: JPMorgan CFO
In recent developments, jeremy Barnum told JPMorgan shareholders that yield-bearing stablecoins risk creating a parallel banking system without the safeguards of traditional regulation. Looking closer, market participants highlight key drivers…
Yield-Bearing Stablecoins Witness a Stampede for the Exits After 3 Tokens Col…
In recent developments, the $20.43 billion yield-bearing stablecoin sector slipped massively this week, according to stablewatch.io, as several synthetic and algorithmic stablecoins suffered heavy outflows and severe depegs. The turmoil…
Prediction Markets Price a Short 2026 Government Shutdown
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Trump expected to sign bill to end partial US government shutdown
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Tian Ruixiang plans to acquire up to 15K Bitcoin in equity-linked deal
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