Bank of America (BAC) expects to launch its own stablecoin, following in the footsteps of JPMorgan and Citigroup. The bank’s CEO, Brian Moynihan, spoke about the development on Wednesday but did not give a timeline on the potential stablecoin launch. JUST IN: 🇺🇸 Bank of America expects to launch a crypto stablecoin, Reuters reports. — Watcher.Guru (@WatcherGuru) July 16, 2025 …
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An illustration picture taken in London on May 8, 2022, shows a souvenir Tether (USDT) coin, which is one of the world’s biggest stablecoins. Justin Tallis/AFP via Getty Images hide caption toggle caption Justin Tallis/AFP via Getty Images If you haven’t heard of stablecoins yet — chances are you will soon. There is perhaps no hotter segment in the cryptocurrency …
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