美國銀行CEO Brian Moynihan警告，帶息的穩定幣可能從美國銀行體系中吸走多達60億美元，稱大規模存款遷移將降低放貸能力並推高借貸成本。
據一位加密投資者在X 上分享的美國銀行財報電話會議記錄截圖顯示，這些評論浮出水面。
在電話會議期間，Moynihan指出，財政部引用的研究顯示，如果發行方被允許支付利息，相當比例的銀行存款可能轉向穩定幣。他表示，此類產品的運行方式更接近「貨幣市場共同基金的概念」，資金將持有為現金、央行準備金或短期美國國債，而不是用於放貸。
Moynihan表示，此類轉移將把存款移出銀行資產負債表，收縮信貸供給，尤其影響更依賴銀行貸款而非資本市場的中小企業。
這些評論出現在美國的加密立法進展受阻之際。週三，美國參議院銀行委員會推遲了原定於週四進行的加密市場結構法案 的審議(markup)，委員會主席Tim Scott稱，為了推進兩黨進一步談判需要延期。Scott未提供新的審議日期。
此次推遲緊隨參議院農業委員會採取的類似舉措 ，該委員會本週早些時候將其自身的加密法案審議(markup)推遲至1月27日。
穩定幣收益爭議
關於穩定幣發行方或負責分發其代幣的交易所及第三方是否應被允許提供收益，已成為國會談判中的關鍵爭議點。
銀行業團體稱，帶收益的穩定幣產品運作方式與未受監管的投資產品 類似，並一直積極主張堵上任何允許將收益傳導給代幣持有人的漏洞。
1月7日，Community Bankers Council向立法者致信 ，呼應了Moynihan提出的擔憂，警告若不實施限制，最多可能有66億美元的銀行存款面臨風險。他們寫道：
如果數十億美元資金離開社區銀行貸款業務，像我們這樣城鎮的小企業、農民、學生和購房者將會受到影響。加密貨幣交易所及其穩定幣相關企業並非為彌補信貸缺口而生，也無法提供FDIC保險產品。
加密產業領袖對當前的CLARITY Act存在分歧——該法案旨在明確數位資產的監管框架，已在眾議院通過，正等待參議院審議。
週三，CoinbaseCEO Brian Armstrong表示 公司無法支持參議院銀行委員會的該法案草案，原因之一是其將（起草修正案以扼殺穩定幣獎勵，允許銀行禁止其競爭對手。）
他補充稱，如果立法以當前形式推進，Coinbase寧願（沒有法案也不接受糟糕的法案。）
其他產業領袖 持更樂觀的觀點。週四，a16z Crypto管理合夥人Chris Dixon表示 ，儘管該法案「並不完美」且仍需修改，但如果美國希望繼續作為加密創新的領先樞紐，推進CLARITY Act是必要的。
相關推薦：道富公司（State Street）推出新加密貨幣代幣化工具
Bank of America CEO Brian Moynihan warned that interest-bearing stablecoins could pull as much as $6 trillion out of the US banking system, arguing that large-scale deposit migration would reduce lending capacity and push borrowing costs higher.
The comments surfaced after a crypto investor shared a screenshot from Bank of America’s earnings call transcript on X.
During the call, Moynihan pointed to Treasury-cited studies showing that a significant share of bank deposits could shift into stablecoins if issuers are allowed to pay interest. He said such products would function more like “a money market mutual fund concept,” with funds held in cash, central bank reserves or short-term Treasurys rather than deployed for lending.
Moynihan said such a shift would move deposits off bank balance sheets, shrinking credit availability, particularly for small and mid-sized businesses that rely more heavily on bank loans than capital markets.
The comments come amid stalled progress in crypto legislations in the United States. On Wednesday, the US Senate Banking Committee postponed a markup of the crypto market structure bill that had been scheduled for Thursday, with committee Chair Tim Scott saying the delay was needed to allow for further bipartisan negotiations. Scott did not provide a new date for the markup.
The postponement followed a similar move by the Senate Agriculture Committee, which earlier this week pushed its own markup of the crypto bill to Jan. 27.
Related: Coinbase could pull CLARITY Act support over stablecoin rewards ban
The debate over stablecoin yield
Whether stablecoin issuers or the exchanges and third parties that distribute their tokens should be allowed to offer yield has emerged as a key point of contention in negotiations across Congress.
Banking groups have said yield-bearing stablecoin products function similarly to unregulated investment products and have been vocal about closing any loopholes that allows yield to be passed to tokenholders.
On Jan. 7, the Community Bankers Council wrote a letter to lawmakers that echoed concerns raised by Moynihan, warning that as much as $6.6 trillion in bank deposits could be at risk if restrictions are not enforced. They wrote:
If billions are displaced from community bank lending, small businesses, farmers, students, and home buyers in towns like ours will suffer. Crypto exchanges and the constellation of stablecoin-affiliated companies are not designed to fill the lending gap, nor will they be able to offer FDIC-insured products.
Crypto industry leaders are divided on the current state of the CLARITY Act, a bill aimed at clarifying the regulatory framework for digital assets that has passed in the House of Representatives and is awaiting Senate consideration.
On Wednesday, Coinbase CEO Brian Armstrong said the company could not support the Senate Banking Committee’s draft of the bill because, among other things, it would “draft amendments that would kill rewards on stablecoins, allowing banks to ban their competition.”
He added that Coinbase would “rather have no bill than a bad bill” if the legislation advances in its current form.
Other industry leaders have taken a more optimistic view. On Thursday, a16z Crypto managing partner Chris Dixon said that while the bill is “not perfect” and still requires changes, advancing the CLARITY Act is necessary if the US wants to remain a leading hub for crypto innovation.
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