Solana Founder Says Stablecoins Are Exposing Major Flaws in Banking

BitcoincomNews · 2026-01-23T12:57:53+00:00

Anatoly Yakovenko, founder of Solana, argues that stablecoins highlight the inefficiencies of traditional banking, as they outperform credit cards in fees and speed. He warns that the rising yields of stablecoins could disrupt banking profits.

BitcoincomNews

2026-01-23 12:57:53

Abstract generation in progress

Story Highlights* Solana founder Anatoly Yakovenko says stablecoins are exposing how costly and slow traditional banking really is.

Real payment data shows stablecoins beating credit cards on fees and settlement speed.
Yakovenko warns that higher stablecoin yields threaten the banking profit model.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.