Der CEO der BofA warnt davor, dass die Stablecoin-Rendite 35 % aller US-Bankeinlagen abziehen könnte
BofA CEO Warns Stablecoin Yield Could Drain 35% of All US Bank Deposits
Der CEO der BofA warnt davor, dass die Stablecoin-Rendite 35 % aller US-Bankeinlagen abziehen könnte
BofA CEO Warns Stablecoin Yield Could Drain 35% of All US Bank Deposits
24 Kommentare
Only 35%?
Then offer a better product! I thought the US had capitalism!
If banks passed on yields closer to bond yields to their customers this would not happen. This is just a crony capitalist who fears competition and wants the government to save his advantage.
I mean yeah. I have like 80% of my savings in a Morpho vault. I still have no idea how or even if the Clarity Act would affect DeFi stuff like Morpho.
Is this because they are making prep easier?
Oh no, anyway…
It won’t, people want protection and defi doesn’t offer that .
Breaking News: „Slave traders announce that those pesky abolitionists are hurting their business!“
Ok, maybe offer more than 0.035% interest on savings accounts then?
Or maybe stop charging people to simply have an account?
Or maybe stop penalizing people for having a low balance?
Banks have plenty of reasons to be afraid. Let them lose their deposits. Those greedy bastards have the audacity to lend out your money at 8% – 12% and then give you a 0.03% cut.
BofA deez nuts
https://i.redd.it/46ez8l8cxg6h1.gif
My bet is they dont even hold 10%, let alone 35% 💀
DO IT!
This is the way mother fucker
Print more you little bitch, quit whining we are all at work… getting paid less due to inflation…
Or….and I know it’s crazy so stay with me….banks can pay a competitive interest rate on those deposits.
Just spit ballin’ here guys….
This guy can frig off.
if they die, they die
The banks will just start offering stable coin holdings. Some already basically do
Drain the swamp
CD and savings account rates have been a joke for years now. This is just a bank CEO refusing to admit he and his ilk are entirely responsible for their own problems.
Is he warning us or himself? Stop reporting record earnings and give us the interest we earned on our damn deposits.
LOL- as if his portfolio isn’t 20-25% deep in return-earning crypto @ BlackPebble Insider Trading Bank (You all know exactly which one).