#opinon
🤔 Is the banking era coming to an end?

The co-founder of Multicoin Capital said that the GENIUS law is the beginning of the end of banks’ ability to deceive depositors by paying them pennies.

Banks will have to increase interest on deposits, otherwise customers will switch to stablecoins with a yield 10 times higher.

Soon Meta, Google, Apple and other technology giants will be able to start issuing their own stablecoins with instant transfers, round-the-clock payments and built-in profitability.

These tokens will be embedded directly into the most popular applications and operating systems.

@Сryptoz ₿