š¦ U.S. Banks Set Their Sights on Stablecoins:
ā¢ Bank of America is creating its own stablecoin during internal testing alongside ongoing consideration of customer demand and possible collaboration, without a launch date announced.
ā¢ Morgan Stanley, Citigroup, and JPMorgan Chase are also testing stablecoin projects as evidence of increased institutional interest in tokenized payments.
#US #BankOfAmerica #MorganStanley #JPMorgan #StablecoinRatings
