Apollo Warns AI Agents Could Drain Bank Deposits and Fuel Stablecoin Adoption
- —Slok: AI agents like Meta Muse will move cash from 0.1% checking accounts to 3.3–5% yields
- —On a $10,000 balance that is $100 a year versus $10
- —Coinbase's x402 protocol has processed 188–205 million transactions with about 69,000 active bots
- —The x402 Foundation includes Cloudflare, Google, Visa, Mastercard, AWS, Circle and Stripe
Why it matters: A drain of cheap deposits would pressure bank lending, while stablecoins could become the default payment rail for AI agents.
Source: Crypto Economy