Bank of America Signals Interest in Launching Stablecoin
Foresight News reports that Bank of America has expressed interest in launching its own stablecoin, pending the passage of appropriate legislation by Congress. As the nation’s second-largest lender, the bank is prepared to enter the stablecoin space once regulatory conditions are in place. CEO Brian Moynihan confirmed the bank’s openness to exploring opportunities in digital currency, emphasizing the potential for future expansion in this sector.