BofA CEO: Legalizing Interest on Stablecoins Will Lead to an Outflow of Up to $6T
- Brian Moynihan believes that approving interest payments to stablecoin holders will lead to an outflow of deposits.
- He mentioned an amount of up to USD 6 trillion, about one third of all funds deposited in American banks.
- The BofA CEO believes that this will directly affect the US economy.




