#Strategy加仓BTC The stablecoin storm is reshaping the financial landscape

Recently, a topic has caused a buzz in the financial circle: if interest-bearing stablecoins fully replace traditional savings methods, they could siphon off trillions of dollars in deposits from the banking system. It sounds like science fiction, but the underlying logic is worth examining.

From market phenomena, there are indeed several transmission chains at play—

▸ Bank liquidity faces pressure. As funds begin to systematically flow into higher-yield channels, the deposit base of traditional banks will undergo structural adjustments
▸ Valuations of financial assets may come under pressure. The valuation models for bank stocks and regional financial institutions need to be re-priced
▸ Safe-haven assets regain attention. When uncertainty rises, markets tend to rotate into relatively stable assets like gold and bonds

Here is an interesting contradiction—

**Short-term perspective**: If regulators tighten restrictions on stablecoins, the entire crypto asset market may face a policy risk release period, leading to a significant increase in market volatility. Whether BTC can hold its strong psychological levels is uncertain.

**Long-term perspective**: The yield advantage of DeFi protocols is objectively real. Once the stablecoin ecosystem moves toward standardization and compliance, the capital allocation gap will become very apparent, and high-quality platforms within the ecosystem may see genuine influxes of new capital.

What’s more interesting is that participants in this process need to do two things simultaneously—

1. Prevent short-term shocks caused by exposure of financial system vulnerabilities
2. Proactively deploy in crypto financial infrastructure that aligns with future regulatory frameworks and has solid ecosystem development

What’s your view? Will the $6 trillion migration really happen, or will it be absorbed through policy adjustments? Which will ultimately dominate the market—traditional finance or decentralized finance?