PANews reported on December 9th, citing Cointelegraph, that Strategy founder and executive chairman Michael Saylor is pushing governments to develop Bitcoin-backed digital banking systems that offer high-yield, low-volatility accounts capable of attracting trillions of dollars in deposits. Speaking at the Bitcoin MENA event in Abu Dhabi, Saylor stated that countries could utilize overcollateralized Bitcoin reserves and tokenized credit instruments to create regulated digital bank accounts with higher yields than traditional deposits.

Saylor points out that bank deposits in Japan, Europe, and Switzerland offer virtually no returns, while euro money market funds yield around 150 basis points and US money market rates approach 400 basis points, explaining why investors are turning to the corporate bond market. Saylor outlines a structure where digital credit facilities comprise about 80% of the fund, paired with 20% fiat currency, and further buffered with a 10% reserve margin to mitigate volatility. If such a product were offered through regulated banks, depositors could deposit billions of dollars with institutions for higher returns. He states that the account would be backed by 5:1 overcollateralized digital credit held by a fiscal entity. Saylor claims that countries offering such accounts could attract “$20 trillion or $50 trillion” in capital inflows.