Financial Titans Embrace Stablecoins: Bank Of America’s Move, Morgan Stanley’s Consideration
2025-07-17 15:28:51
Description
Several major US banks, including Bank of America and Citibank, are actively exploring the launch of stablecoins amid a shifting regulatory landscape in the United States that appears to be becoming more accommodating to digital assets. Traditional Finance Moves Toward Digital Assets According to a Reuters report , Bank of America CEO Brian Moynihan recently confirmed that the bank is in the process of developing its own stablecoin, although he refrained from providing a specific timeline for it...
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