Michael Saylor unveils $50 trillion Bitcoin-backed digital banking blueprint in Abu Dhabi

At the Bitcoin MENA event in Abu Dhabi, MicroStrategy executive chairman Michael Saylor presented a Bitcoin-backed banking framework built on overcollateralized reserves and tokenized credit. He said the model targets $50 trillion in deposits through regulated channels, offering high-yield, low-volatility accounts. The framework’s success would depend on regulatory approval and how effectively it can be implemented in practice.