Stablecoins, Tokenization Put Pressure on Money Market Funds: Bank of America

Bank of America has reported that the rise of stablecoins and the trend toward tokenization are placing significant pressure on money market funds. This shift in the financial landscape suggests that traditional money market funds may face increased competition and challenges as more investors look towards these digital assets for their stability and efficiency. source: https://www.coindesk.com/markets/2025/08/21/stablecoins-tokenization-put-pressure-on-money-market-funds-bank-of-america