Renato Mariotti, a legal analyst, has emphasized that the primary impact of stablecoins is not causing a flight of deposits from banks, but rather exerting pressure on banks' traditional role as the default financial hub. Mariotti suggests that stablecoins are reshaping the financial landscape by challenging banks' dominance in financial transactions and services. This perspective highlights a shift in the financial ecosystem where stablecoins, with their growing adoption, are influencing how financial services are accessed and utilized, potentially altering the traditional banking model.