Ironically, I think that although banks have much to gain, we may see services crop up that bypass banks.
For example, Coinbase Wallet currently offers Direct Deposit for Wallet, which converts ACH deposits to USDC.
https://help.coinbase.com/en/wallet/managing-account/receive-usd-wallet
And spending from non-custodial wallets.
https://portfolio.metamask.io/card
I can see why the banks want to get into the stable coin printing business. With stablecoins, they get to hang on to the collateral without the overhead of managing retail customer accounts. It makes for less volatility on their deposits.
I agree 1000%. Banks will do all they can to remain relevant. The problem they face is that, historically, when confronted by FinTech, they lose. There is likely to be a big push from Big Tech into the financial arena.
It is all part of the process. Once tech start taking over, the other aspects of innovation can take place and distribute even further. Ai agents will help a great deal.