According to CoinMeta, a study by the Federal Reserve of Dallas indicates that although tokenized deposits can improve payment and settlement efficiency, instant settlements, smart contracts, and AI agents may also make depositors more inclined to seek higher returns across different banks, reducing deposit stability and weakening banks' ability to use short-term deposits to support long-term loans. The study estimates that if the sensitivity of deposits to interest rate changes increases by 10%, the banking system's capacity to withstand interest rate risks will decrease by about $700 billion. If the weighted average maturity of deposits shortens by 10%, the banking system's ability to manage maturity transformation will decrease by about $580 billion. If banks wish to maintain their current loan structure, they may need to rely more on more costly long-term debt financing, which in turn could raise credit costs for businesses and consumers.