Bank of America Merrill Lynch: Stablecoins will have a disruptive impact on traditional bank deposits and payment systems

By: odaily.com|2025/07/21 11:01:47

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Odaily News A new research report from Bank of America Merrill Lynch shows that as the United States paves the way for the regulation of stablecoin issuance, this digital asset will have a clear and visible disruptive impact on the deposit base and payment system of traditional banks in the next 2 to 3 years. The report emphasizes that the real change will appear in the medium term. With the integration and popularization of stablecoins, its impact on the existing financial system will become more and more obvious, and banks will face competitive pressure from digital currencies. And with the initial implementation of the US stablecoin regulatory framework, the banking industry is at a crossroads of active layout and cautious wait-and-see.
The U.S. banking industry is ready for the arrival of the stablecoin era. Judging from the comments of the management of major banks, the industry is actively preparing to provide stablecoin solutions. However, bankers are still cautious and even skeptical about its specific use cases, especially in the U.S. domestic payment scenario. (Wall Street News)

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