Banks See Stablecoins and AI as Growing Deposit Threats

Banks increasingly view stablecoins and AI as potential threats to deposit relationships, according to IntraFi’s most recent quarterly survey of more than 400 bank CFOs, CEOs, presidents, and COOs, featured in S&P Global Market Intelligence. Nearly two-thirds of respondents said they could lose deposits if stablecoins are allowed to offer rewards, while more than half identified AI-driven financial advice as the greatest risk to deposit and payment relationships. The survey also found that banks expect deposit competition to remain elevated over the next year.