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

U.S. President Donald Trump holds the signed “Genius Act”, which will develop regulatory framework for stablecoin ...

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

America’s top banking groups have urged Congress to close what they say is a loophole in the GENIUS Act that allows ...

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

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 ...

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.

Bank of America is exploring stablecoin-based payments to modernize its financial infrastructure. As regulatory clarity advances, BoA and other major banks may issue stablecoins.

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 ...

Ripple has selected Bank of New York (BNY) as the primary custodian for the reserves supporting its U.S. dollar-pegged stablecoin, RLUSD. Both companies announced on July 9 the ongoing integration ...

Bank of America could launch a stablecoin, its CEO said earlier this year, and some other large banks are considering issuing a joint stablecoin. Tether is the world's largest stablecoin issuer.

NEW YORK (Reuters) -Some large U.S. lenders, including Bank of America and Citibank, are working on launching stablecoins at a time when the country is looking to adopt more crypto-friendly ...