An analyst from Moody's believes stablecoins won't threaten banks soon. Strict US rules on stablecoins and strong payment systems prevent them from taking market share from traditional banks.

Stablecoins, digital currencies pegged to traditional assets like the US dollar, are unlikely to pose a significant threat to banks in the near future. According to a Moody's analyst, stringent regulations in the United States, particularly concerning stablecoins that offer interest, combined with well-established payment infrastructure, are key factors. These elements create a robust environment that prevents stablecoins from significantly eroding the market share currently held by traditional banking institutions. The stability and existing trust in banks remain strong.