Bank of America deposits Flash News List | Blockchain.News
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List of Flash News about Bank of America deposits

Time Details
2026-01-16
10:07
Lex Sokolin Flags Claim of Up to $6 Trillion Shift to Ethereum Stablecoins (ETH) if CLARITY Act Allows Interest — Trading Implications

According to @LexSokolin, highlighting a post that cites Bank of America’s CEO, as much as $6 trillion in bank deposits could move into interest-bearing stablecoins on Ethereum if the CLARITY Act enables stablecoin interest payments, a shift he says would push the economy toward automation and pressure legacy banks, source: @LexSokolin. He adds that politicians may attempt to block this migration, but automation will favor on-chain stablecoin adoption, implying potential structural liquidity tailwinds for ETH and Ethereum DeFi if such policy changes occur, source: @LexSokolin. Trading takeaway: monitor progress of U.S. stablecoin interest legislation, on-chain stablecoin supply on Ethereum, and ETH beta around related headlines, as these are the direct catalysts referenced by @LexSokolin, source: @LexSokolin.

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