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ChainCatcher news, according to Cointelegraph, Strategy founder and executive chairman Michael Saylor is urging governments to develop bitcoin-backed digital banking systems that offer high-yield, low-volatility accounts capable of attracting trillions of dollars in deposits. At the Bitcoin MENA event in Abu Dhabi, Saylor stated that countries could use over-collateralized bitcoin reserves and tokenized credit instruments to create regulated digital bank accounts, with yields higher than traditional deposits. Saylor pointed out that bank deposits in Japan, Europe, and Switzerland offer almost no returns, while euro money market funds yield about 150 basis points, and US money market rates are close to 400 basis points, explaining why investors are turning to the corporate bond market. Saylor outlined a structure in which digital credit instruments make up about 80% of the fund, paired with 20% fiat currency, and a 10% reserve buffer is set to reduce volatility. If such a product is offered by regulated banks, depositors could place tens of billions of dollars into institutions to obtain higher deposit returns. He said the account would be backed by 5:1 over-collateralized digital credit held by a treasury entity. Saylor stated that countries offering such accounts could attract “20 trillions or 50 trillions” in capital inflows.