Blockchain for Banking News

Bank of America considers stablecoin launch

bank of america moyniham rubenstein

Bank of America’s CEO Brian Moyniham is mulling the launch of a stablecoin if regulators allow it. He spoke about it yesterday during an interview with David Rubenstein.

While around 30 banks worldwide are issuing or exploring stablecoins, banks tend to discuss tokenized deposits more.

The Trump administration’s embrace of crypto and stablecoins is changing the narrative. What’s notable about the Bank of America, is it has been the least active in the blockchain arena compared to its American peers.

Article continues …

subscriber padlock

Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.


Image Copyright: The Economic Club of Washington DC