𝘽𝙧𝙚𝙖𝙠𝙞𝙣𝙜: 𝘽𝙖𝙣𝙠 𝙤𝙛 𝘼𝙢𝙚𝙧𝙞𝙘𝙖 𝙍𝙚𝙥𝙤𝙧𝙩𝙚𝙙𝙡𝙮 𝙒𝙤𝙧𝙠𝙞𝙣𝙜 𝙤𝙣 𝙇𝙖𝙪𝙣𝙘𝙝𝙞𝙣𝙜 𝙖 𝙎𝙩𝙖𝙗𝙡𝙚𝙘𝙤𝙞𝙣

Bank of America is developing a fully dollar-backed stablecoin, signaling increasing adoption of digital currencies by traditional banks.

Bank of America is developing a dollar-backed stablecoin to enhance cross-border payments and financial services.

Bank of America joins the growing interest in stablecoins, as 29% of Fortune 500 companies explore digital currency adoption.

The stablecoin comes amid increasing regulatory scrutiny and global efforts to establish frameworks for digital currencies.