Bank of America warns major threat could push trillions out of U.S. banks
- Posted on January 16, 2026
- By Yahoo News
- 2 Views
Bank of America warns major threat could push trillions out of U.S. banks
Brian Moynihan made a grim warning about stablecoins. During a Jan. 15 earnings call, the Bank of America CEO told analysts that as much as $6 trillion in deposits could migrate from the United States banking system into stablecoins, roughly 30% to 35% of total U.S. commercial bank ...