2026-01-02 16:23:58

Stablecoins are quietly reshaping the financial landscape. A recent report from BlackRock points out that these digital assets are not only eating into the market share of traditional fiat currencies in emerging markets but may also pose a risk of over $1 trillion in deposit outflows for related national banks—Standard Chartered Bank has issued warnings about this.

The turning point comes from the policy level. The GENIUS Act, signed in July 2025, has outlined a clear framework for the compliant operation of stablecoins. Although the act restricts issuers from directly paying interest, derivative yield-like products still pose a substantial impact on traditional banks' deposit business. This is not a minor issue but a redefinition at the institutional level.

BlackRock executive Samara Cohen stated very plainly: stablecoins have evolved from fringe products into the infrastructure of the financial ecosystem. They are changing the logic of global fund flows, transactions, and savings. What does this shift mean? It means traditional financial institutions must adapt to a new competitive environment. Roles are being reshaped, and the landscape is being reconstructed.

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MetaverseLandlady

· 7h ago

Stablecoins are really unavoidable this time, traditional banks should be panicking haha

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GateUser-26d7f434

· 12h ago

Traditional finance has really been pushed into a corner this time. Stablecoins are hard to the point of becoming infrastructure from the fringe. A trillion dollars in losses is no exaggeration.

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BuyHighSellLow

· 12h ago

Now the banks are really panicking, as stablecoins directly threaten their livelihood. Traditional finance is still dithering, while on the chain it's already taking off haha. 10 trillion dollars lost? I think this is just the beginning... BlackRock has finally realized that stablecoins are not toys but infrastructure. Once the GENIUS Act is enacted, the game rules will be completely changed, and banks should go back to sleep. This move is truly brilliant, legitimizing themselves through regulatory frameworks. Deposits running onto the chain is already a done deal, there's nothing more to say.

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CryptoTarotReader

· 12h ago

A $10 trillion deposit outflow—banks should be panicking now, right? This move by stablecoins is indeed aggressive. Traditional finance is really having a tough time; the trend is clear. After the Genius Act was introduced, everyone thought stablecoins would be restricted, but it actually created room for development... Irony. Samara Cohen is right; stablecoins have long ceased to be fringe players. They are now at the infrastructure level. Banks need to adapt quickly, or they will really be crushed.

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