Will US Banks Launch Their Own Stablecoins? Bank Of America Says They Might

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 tokenized assets. source: https://www.benzinga.com/crypto/cryptocurrency/25/07/46606847/will-us-banks-launch-their-own-stablecoins-bank-of-america-says-they-might?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site