BAC stablecoin plans amid regulatory uncertainty — deposit beta & funding channel
Key Questions
What are Bank of America's plans regarding stablecoins?
BAC is exploring stablecoin issuance, seen as offering ~13.4% upside potential. This comes amid regulatory uncertainty in the deposit and funding space.
What warnings have BAC's CEO and the ABA issued about stablecoins?
CEO Moynihan and the ABA warn of a potential $6T deposit flight from banks to yield-bearing stablecoins. This concern was outlined in a 3,200-signature letter in January 2026.
How are US banks responding to stablecoin yield regulations?
Banks are pushing back against White House-proposed yield rules on stablecoins, amid a +4.4% PDF rise and $531B growth. They are also lobbying for BTC ETFs targeting $100k in 2026.
BAC stablecoin 13.4% upside but Moynihan/ABA warn $6T deps flight/yield rules (3200-sig Jan'26); banks pushback WH PDF +4.4%/$531B; lobby BTC $100k '26.
Sources (2)
Updated May 6, 2026