Bank of America CEO Brian Moynihan warned on Jan. 15, 2026 that interest‑bearing stablecoins could siphon off trillions of dollars from bank deposits, risking banks’ ability to lend. The comment raises fresh questions about funding, regulation and financial stability.
Ripple confirmed a strategic collaboration with Mizuho Bank, SMBC Nikko, and Securitize Japan to launch an innovation initiative aimed at professionalizing the XRP Ledger ecosystem and accelerating XRPL adoption across Japan’s financial market. The move highlights growing institutional interest in XRPL for payments and tokenization.
Coinbase CEO Brian Armstrong expects U.S. banks to change course on stablecoin regulation and lobby Congress to permit interest payments on stablecoin holdings. He sees this as an eventual shift that could reshape how traditional finance interacts with crypto liquidity.
Ripple Labs is partnering with major Japanese banks to drive greater activity and institutional adoption of the XRP Ledger (XRPL) across payments and settlement use cases.
More than 125 crypto firms signed a joint letter opposing banks' attempts to curtail stablecoin rewards programs, urging regulators to reject broad restrictions. The coordinated push signals growing industry resistance as policy makers weigh rules that could limit crypto yields.
Visa will let U.S. banks settle transactions in USDC on Solana after a $3.5 billion pilot, with Cross River Bank and Lead Bank among the initial participants. The move signals deeper integration between stablecoins and traditional payment rails.
Taiwan plans to integrate stablecoins into its financial system and limit initial issuance to licensed banks to lower cross-border settlement costs and boost regulatory oversight. Authorities see bank-issued stablecoins as a way to streamline trade payments while containing risk.
The top U.S. national bank regulator announced banks may serve as intermediaries for cryptocurrency transactions, part of the Trump administration’s push to bridge traditional finance and crypto. The move aims to expand regulated custody, settlement and payment services.
Fitch warns that crypto activities, while revenue-generating, create risks that could prompt rating changes for U.S. banks. Institutions with large crypto footprints face liquidity, operational and compliance vulnerabilities.
U.S. senators will meet with major bank CEOs this week as Congress prepares to vote in December on a bill to create a regulatory framework for digital assets. The discussions are intended to resolve outstanding issues and smooth a path toward final passage.