Stablecoins: A Trillion-Dollar Fuss or Mere Trifle?
The banking establishment, ever prone to dramatics, has raised its collective quill in alarm. Mr. Brian Moynihan of Bank of America, with a gravity befitting a novel’s most tragic hero, declares stablecoins a menace capable of siphoning $6 trillion from their coffers. Yet, one must wonder if such proclamations are not merely the hyperbolic musings of a sector loath to relinquish its grip on the purse strings.

