Multicoin Executive Says GENIUS Act Could End Bank Exploitation of Users
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最新报道：According to Bijie.com, Multicoin Capital co-founder Tushar Jain stated that the GENIUS Act will drive capital away from traditional banks and toward high-yield stablecoins. Large tech companies like Meta and Apple may compete with banks by offering higher returns and instant payment services. The US Treasury Department predicts that widespread adoption of stablecoins could lead to a loss of $6.6 trillion in deposits from the banking system. The interest rates on USDT and USDC on the Aave platform are 4.02% and 3.69%, respectively, far exceeding bank savings rates.
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