WOLF Bitcoin(@WOLF_Bitcoin_):TETHER CO-FOUNDER WILLIAM QUIGLEY SAYS BANKS ACCIDENTALLY CREATED THEIR OWN STABLECOIN PROBLEM The irony is that banks made crypto harder to access, then complained about the alternative that emerged: - Stablecoins make it easier to move between fiat and crypto exposure without relying on banks - Banks pushed users away by shutting down accounts or flagging crypto-related transfers - Quigley says banks now fear stablecoin yield because depositors may leave accounts that pay them little or nothing

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2026.08.28 07:00

TETHER CO-FOUNDER WILLIAM QUIGLEY SAYS BANKS ACCIDENTALLY CREATED THEIR OWN STABLECOIN PROBLEM The irony is that banks made crypto harder to access, then complained about the alternative that emerged: - Stablecoins make it easier to move between fiat and crypto exposure without relying on banks - Banks pushed users away by shutting down accounts or flagging crypto-related transfers - Quigley says banks now fear stablecoin yield because depositors may leave accounts that pay them little or nothing