Report: Bank of America Eyes Stablecoin Launch Pending US Regulatory Approval
Submitted by Anonymous (not verified) on Wed, 02/26/2025 - 18:40
Bank of America could launch a U.S. dollar-pegged stablecoin if federal lawmakers pass legislation creating a regulatory framework for such digital assets, CEO Brian Moynihan stated in a Feb. 26, 2025, interview with Fortune magazine. BOA’s Stablecoin Plans Hinge on Pending Congressional Legislation, CEO Says BOA boss Brian Moynihan likened the proposed stablecoin to a […]