Current FDIC rates are looking pretty thin: 0.39% on savings accounts, just 0.07% for interest checking, and 0.58% on money market accounts. Compare that to Treasury yields sitting at 3.89%—or even better, stablecoin platforms like certain compliance-focused exchanges offering 3.5% APY on USDC. No wonder traditional banks are worried. The banking lobby is now pushing Congress hard with the CLARITY Act, trying to restrict these yield-bearing products. Their goal? Ban the whole 'hold-to-earn' model that's luring deposits away from the system. It's a classic fight: legacy finance vs. crypto efficiency. $USDC and other stablecoins are reshaping where people stash their cash.