The Blockchain Association refutes the claim that stablecoins lead to the loss of community bank deposits

The Blockchain Association refutes the claim by large banks that stablecoins lead to the loss of deposits in community banks, and cites FDIC data to point out that large banks are the main cause of deposit loss. According to FDIC data, non community banks hold 87% of domestic deposits in the United States, while community banks only account for 13%. From the third quarter of 2025 to the first quarter of 2026, bank deposits in the United States increased by $92.2 billion, $318.3 billion, and $389.7 billion, respectively. CRA International analysis shows that there is no statistically significant correlation between the growth of stablecoins and the outflow of community bank deposits, with an impact of less than 1%. The Blockchain Association suggests that Congress focus on the trend of funds concentrating in large banks, rather than the approximately $300 billion stablecoin market.