Probably9857 IMO, it is more likely to have the opposite effect, because most developers don't want to prevent people from using their apps. Even banking apps.
This does check out with how old the lowest supported Android version is for some banking apps. But I do wonder if that is only incidental, or just because it's too hard to constantly increase the lowest-supported version through feature support. If given an easy way to restrict users to a security update in the past year...I wonder how many developers would take it.
It sure is insidious to tie this feature to Google OS verification in any case. This means that the Hardware Attestation API and Play Integrity API are not comparable anymore. Play Integrity meets-strong-integrity
is more secure as it enforces a security update within the last 12 months, which I don't think the Hardware Attestation API does.
It seems likely the Play Integrity API will continue checking more and more things until there is no single API that competes with it.
@GrapheneOS I've now made an extraordinary statement without extraordinary knowledge about how the APIs work. Feel free to correct me, as I don't want to spread misinformation :)