McKinsey: AI agents could put up to $160B in banking revenue at risk
- —McKinsey puts baseline payments revenue at risk at $75B by 2030
- —Aggressive scenario raises the exposure to $160B
- —Deposits account for most of the projected risk
- —JPMorgan, Citi, BofA and Morgan Stanley block outside AI agents
Why it matters: If AI agents start steering client money, banks lose cheap funding while stablecoins and payment platforms gain a new growth channel.
Source: AMBCrypto