Some large U.S. lenders, including Bank of America and Citibank , are working on launching stablecoins at a time when the ...

Bank of America views GENIUS Act as pivotal for stablecoin regulation in US. Stablecoin supply expected to grow by $25-75 billion. Industry shift towards consolidation and adoption of stablecoins and ...

Editing by Mark Potter) FILE PHOTO: Brian Moynihan, chair of the board and CEO of Bank of America, speaks during The Clearing House Annual Conference in New York City, U.S. November 13, 2024.

Ripple stablecoin RLUSD attracts attention from Bank of America amid strong regulatory backing and growing use in ...

Stablecoin adoption is on the rise. As Crypto Week kicks off in Washington, BofA flags four corners of the market that could ...

Executives at five of the largest US banks shared their plans for stablecoin as regulations passed by Congress were headed to ...

Bank of America has been working on stablecoin development and expects to move forward, according to CEO Brian Moynihan. Moynihan’s comments come as Congress weighs the GENIUS Act, a bill aimed ...

RLUSD gains traction as Bank of America explores stablecoin options, with strong regulatory backing making it a top contender.

If Congress goes all in on crypto, some of America's top banks are ready to follow. At an industry conference in New York this week, top executives at Bank of America, Fifth Third Bancorp and U.S.

Top U.S. banks are contemplating a joint venture to issue a dollar-pegged stablecoin in an attempt to counter the increasing competition from the cryptocurrency sector, according to a report dated ...