💵 Stablecoins are not "draining" banks, but reconstructing the blood vessel system of the US dollar.

Many people see stablecoins rising and banks shrinking, and shout:
“The banking system has been drained!”
But the reality is quite the opposite — the US dollar is upgrading.
The money behind USDC hasn't disappeared; it has shifted from commercial banks → directly into T-bills and RRP at the Treasury.
This isn't digging a hole; it's changing lanes.
Since 2008, the Federal Reserve has fully adopted a new framework of
excess reserves + interest rate corridor,
and the traditional "monetary multiplier runaway" model has long been thrown into the trash.
In other words:
👉 Stablecoin expansion ≠ central bank losing control
👉 Instead, it may become a new engine for US dollar globalization
Banks will indeed feel the squeeze, but don't forget:
A country won't block more efficient models just to protect outdated industries.
E-commerce impacts offline retail? Still develops.
Now it's the US dollar system's turn to upgrade itself.
The essence of compliant stablecoins:
The second growth curve of the US dollar and US bonds.
A new weapon in the empire’s toolbox, not an external enemy.