A recent study by Cornell's Will Cong indicates that stablecoins are not destabilizing traditional banks but are instead encouraging them to enhance their rates and operational efficiency. The research highlights that bank deposits remain resilient due to the bundled services they offer, positioning stablecoins more as a complementary financial tool rather than a direct threat. The study also examines the impact of regulatory measures, such as the GENIUS Act, which are designed to bolster liquidity and support the crypto markets. These frameworks are crucial for countering the financing of terrorism and ensuring transparency within the stablecoin sector.