Recent disclosures by US banking industry executives reveal a thought-provoking statistic: once stablecoins are allowed to offer interest income to holders, up to $600 billion in bank deposits could shift into the stablecoin ecosystem.

What does this warning reflect? It's quite simple—when stablecoins can provide competitive yields, the balance of choices for depositors will tilt. Traditional banks have been "stingy" with deposit interest rates for years, while stablecoins in the Web3 ecosystem can offer more flexible and higher-yield mechanisms.

This is not just a matter of financial competition; it also concerns regulatory decisions. Once stablecoins are officially authorized to provide interest functions, the existing financial landscape may face restructuring. For traders and asset allocators, this shift signifies new opportunities—whether for the development of the stablecoin ecosystem or the prosperity of the DeFi lending market.