These extraordinarily high yields are a viable alternative to banks, thanks to two highly disruptive innovations:
The new-world decentralized finance (DeFi), which is virtually unburdened by the huge costs of running a bank, and ...
Stablecoins, a special kind of digital asset that, unlike Bitcoin, is designed to hardly ever fluctuate in value. They just crank out the high yields.
These two disruptions threaten to draw massive amounts of savings from traditional banking institutions to stablecoins.
And they're already beginning to send shockwaves across the banking industry.
Billionaire Mark Cuban says that "banks should be scared."
Bank of America admits that this is "potentially more disruptive than Bitcoin."
And a high-ranking executive at Société Générale, the $24 billion mega bank, was quoted by Business Insider as saying, "Banks must adapt to [this new kind of account] to survive."
We reveal everything in the first full hour of our DeFi MasterClass.
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