📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Bank of America Report: Stablecoins Will Have a Disruptive Impact on Traditional Bank Deposits and Payments in 2-3 Years
According to a recent research report from Bank of America Merrill Lynch, as the United States paves the way for the issuance of stablecoins, this digital asset will have a clear and visible disruptive impact on the deposit base and payment systems of traditional banks in the next 2 to 3 years. The report emphasizes that real change will manifest in the medium term. With the integration and popularity of stablecoins, their impact on the existing financial system will become increasingly apparent, and banks will face competitive pressure from digital money. As the U.S. stablecoin regulatory framework begins to take shape, the banking industry is at a crossroads of proactive positioning and cautious observation.
The American banking industry is ready to embrace the arrival of the stablecoin era. From the comments of management at major banks, the industry is actively preparing to offer stablecoin solutions. However, regarding specific use cases, especially in domestic payment scenarios in the United States, bankers remain cautious and even skeptical.