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Bloomberg analyst questions banks' concerns over stablecoin yields

Bloomberg analyst questions banks' concerns over stablecoin yields

AIcoinAIcoin2026/01/18 18:15
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Bloomberg ETF analyst James Seyffart stated on social media that banks' concerns about stablecoin yields are puzzling. There are already many high-yield savings accounts on the market with yields reaching 3% or even higher, such as Betterment, Marcus/Goldman, CIT, SoFi, AmEx, Wealthfront, etc. These accounts also put pressure on deposits with yields below 0%, similar to the impact of stablecoin yields.
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