Most of her cash is still in bank accounts to cover bills and other transactions that have to be paid in dollars, but she could see a day when she relies entirely on stablecoins, a digital token designed to mimic the dollar or other currencies in the volatile crypto world. Stablecoins aren’t yet widely used as savings or checking accounts, and mostly remain a way for the crypto conversant to buy other digital tokens or transfer money. But the coins are starting to catch on among some crypto users as a way to park money and earn yields—a development that banks are determined to stamp out before it gets any bigger. tokens are now at the center of a fight holding up President Trump’s push to formalize crypto’s role in the financial system.

https://www.wsj.com/finance/currencies/crypto-fans-have-an-alternative-to-savings-accounts-banks-are-freaking-out-b42fdec5?st=5oDJxE