According to Cointelegraph, Michael Saylor, founder and executive chairperson of Strategy, is pushing governments around the world to develop digital banking systems backed by bitcoin that offer high-yield, low-volatility accounts capable of attracting trillions of dollars in deposits.
Speaking at the Bitcoin MENA event in Abu Dhabi, Saylor said countries could use over-collateralized bitcoin reserves and tokenized credit vehicles to create regulated digital bank accounts that would offer higher yields than traditional deposits.
Saylor pointed out that bank deposits in Japan, Europe and Switzerland have little yield, while euro money market funds yield about 150 basis points and US money market rates are close to 400 basis points, which explains why investors are turning to the corporate bond market.
Michael Saylor is pushing governments to develop digital banking systems backed by bitcoin
2025-12-08 23:33:06
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