Stablecoins Threaten to Disrupt U.S. Bank Deposits and Payments, Morningstar DBRS Warns

Stablecoins have rapidly become a central pillar of the digital asset economy, now exceeding a combined market capitalization of $230 billion as of mid-2025, according to Morningstar DBRS. source: https://cryptonews.com/news/stablecoins-threaten-to-disrupt-u-s-bank-deposits-and-payments-morningstar-warns/