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Bank of America CEO warns interest-bearing stablecoins could pull $6T from US banks

January 15, 2026 by DIGIT
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Bank of America CEO warns interest-bearing stablecoins could pull $6T from US banks

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.

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  • bitcoinBitcoin(BTC)$95,563.00-2.02%
  • ethereumEthereum(ETH)$3,301.21-1.88%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$929.82-1.62%
  • rippleXRP(XRP)$2.07-3.52%
  • solanaSolana(SOL)$142.09-3.38%
  • usd-coinUSDC(USDC)$1.000.01%
  • staked-etherLido Staked Ether(STETH)$3,301.26-2.04%
  • tronTRON(TRX)$0.3110382.43%
  • dogecoinDogecoin(DOGE)$0.139748-5.23%