Bank of America CEO Brian Moynihan said the bank is preparing to launch a stablecoin, and investors can expect Bank of America to take action in the cryptocurrency space, but Brian Moynihan did not provide a specific timeline.
Moynihan said, "As the second largest bank in the United States, Bank of America believes that both the industry and itself will take action. We have done a lot of work and are still trying to figure out the size of stablecoins because in some areas the flow of funds is not large. Bank of America is trying to understand customer needs and will launch stablecoins at the right time, possibly in collaboration with other institutions. Banks are still waiting for legal clarity, which is why progress has been slower than some investors expected."
Morgan Stanley Chief Financial Officer Sharon Yeshaya also said today that he is closely monitoring the development of stablecoins. "We are reviewing the market and the potential use of stablecoins for our customer base, but it is still early days."
Bank of America plans to launch a stablecoin, still waiting for legal clarity
2025-07-16 17:47:13
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
美国银行计划推出稳定币，仍在等待法律明确性Next article：
ETH突破3300美元
