Dallas Fed warns tokenized deposits could strip $700 billion from U.S. banks' lending capacity

Crypto Insight Summary: Programmable deposits and AI agents may enable instantaneous, automated bank switching for higher yields, driving up bank funding costs. Crypto Insight Analysis: Direction: Bearish USDC / Neutral BTC / Neutral ETH Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Tokenized deposits could reduce traditional banking liquidity, impacting stablecoin reserves.