Banks Are Losing It Over Stablecoins 😱
Their argument, as I understand it (and honestly, sometimes I don’t), is that if stablecoins start offering a decent return, everyone will pull their money out of actual banks. Six point six *trillion* dollars, they say. Which, statistically speaking, is a lot of money. Like, enough to buy a small country or several very nice yachts. They’re picturing a desolate landscape of empty bank lobbies and weeping tellers, I presume. 😭






