Banks finally said it out loud The CEO of Bank of America explained why stablecoins must not pay interest. Not because it's dangerous for consumers, but because it breaks the banking model. The math is simple. Deposits pay almost nothing: Savings \~0.39% Checking \~0.07% Money
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Banks finally said it out loud The CEO of Bank of America explained why stablecoins must not pay interest. Not because it's dangerous for consumers, but because it breaks the banking model. The math is simple. Deposits pay almost nothing: Savings \~0.39% Checking \~0.07% Money