Yield-bearing stablecoins have not shaken the financial system but have instead exposed the lack of competitiveness in traditional banking products. American banks claim that these stablecoins threaten local lending businesses; however, the root cause of deposit outflows lies in low yields, slow access, and outdated services, rather than the impact of cryptocurrencies themselves. The returns on stablecoins are not a regulatory loophole but a market response, similar to money market funds or online banking. Lending depends on strategy and regulation, not just deposits. Hindering innovative financial channels will only delay necessary reforms. The real issue is not deposit loss but the weakening of control over capital flows—this shift is driven by the demand for better economic efficiency and higher transparency.