Bank deposits have always been considered one of the safest and stickiest parts of the financial system. But their dominance as a safe haven is facing a new kind of competition. Not from rival banks or money market funds, but from the digital assets. Standard Chartered warned in a recent note that the growing adoption of dollar-pegged stablecoins could quietly siphon deposits out of the traditional banking system. This is a structural risk for banks in both the United States and abroad, even without a cr ...