Bank of America Poised to Launch Stablecoin, Prioritizes Client Demand and Regulatory Clarity
Bank of America (BofA), the second-largest U.S. bank, is preparing to enter the stablecoin market but is taking a cautious approach by prioritizing client demand and awaiting clear regulatory guidance. CEO Brian Moynihan confirmed that the bank has made substantial progress toward launching its dollar-pegged stablecoin but has yet to ...
