Will Bank of America launch its own stablecoin? 😱🚀
Bank of America (BofA) is about to enter the world of cryptocurrencies with its own stablecoin, pegged to the dollar! 💵🔥
The bank's CEO, Brian Moynihan, stated that they are waiting for regulatory approval in the U.S. to implement the project. As soon as it is approved, BofA's stablecoin could be used similarly to a traditional bank account, allowing for fast, secure, and reliable digital transactions. 💳✨
This move could bring direct competition to giants like USDT and USDC, as BofA has millions of customers and a strong presence in the financial market.
Will this change the landscape of stablecoins? 🤔💰
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