stablecoin

Bank of America’s Moynihan warns stablecoins could squeeze lending if deposits migrate onchain - CoinDesk

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TL;DR:

Bank of America’s Moynihan warns stablecoins could squeeze lending if deposits migrate onchain CoinDesk

Key Points:

  • Bank of America’s Moynihan warns stablecoins could squeeze lending if deposits migrate onchain - CoinDesk

    • Background:

    Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

    Why It Matters:

    This development contributes to the ongoing evolution of the cryptocurrency ecosystem and may influence market trends.

    Bank of America’s Moynihan warns stablecoins could squeez... | NewsCR