{"id":152089,"date":"2025-02-26T22:00:15","date_gmt":"2025-02-26T20:00:15","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=152089"},"modified":"2025-02-26T18:42:20","modified_gmt":"2025-02-26T16:42:20","slug":"bank-of-america-considering-its-own-stablecoin-says-ceo","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bank-of-america-considering-its-own-stablecoin-says-ceo\/","title":{"rendered":"Bank of America Considering Its Own Stablecoin, Says CEO"},"content":{"rendered":"<p data-start=\"0\" data-end=\"449\"><strong><a href=\"https:\/\/x.com\/BloombergTV\/status\/1894417091765121172?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1894417091765121172%7Ctwgr%5Ec4f17989bcd29f3654b87a55170f09ffdf2d733f%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwatcher.guru%2Fnews%2Fbank-of-america-to-launch-usd-pegged-crypto-stablecoin\">Speaking<\/a> <\/strong>with David Rubenstein, Moynihan acknowledged the increasing role of stablecoins in financial services, comparing them to money market funds or traditional bank accounts. He noted that as the landscape evolves, institutions like Bank of America may need to adapt to new digital financial instruments.<\/p>\n<p data-start=\"451\" data-end=\"816\">Moynihan also hinted that the bank\u2019s decision depends on regulatory clarity. He stated that if the Trump administration enacts legislation that legitimizes stablecoins, Bank of America would be prepared to launch its own.<\/p>\n<p data-start=\"451\" data-end=\"816\">He emphasized that the financial industry is witnessing a shift where digital assets could play a more integrated role in banking operations.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-correction-nearing-its-end-analyst-predicts-next-move\/\" title=\"Bitcoin Correction Nearing Its End? Analyst Predicts Next Move\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/03\/timi-bitcoin-1-1-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin Correction Nearing Its End? Analyst Predicts Next Move<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p data-start=\"818\" data-end=\"1253\" data-is-last-node=\"\" data-is-only-node=\"\">Highlighting the bank\u2019s commitment to innovation, Moynihan revealed that Bank of America invests approximately $4 billion annually in new technology, with an additional $9 billion spent on maintaining its systems.<\/p>\n<p data-start=\"818\" data-end=\"1253\" data-is-last-node=\"\" data-is-only-node=\"\">Given this scale of investment, he suggested that stablecoins could become a key part of the bank\u2019s broader digital strategy, potentially paving the way for increased institutional involvement in the cryptocurrency space.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bank of America is considering stepping into the stablecoin market with its own USD-backed digital asset, according to CEO Brian Moynihan.<\/p>\n","protected":false},"author":9,"featured_media":36363,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[22],"tags":[],"class_list":["post-152089","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bank of America Considering Its Own Stablecoin, Says CEO<\/title>\n<meta name=\"description\" content=\"Bank of America is considering stepping into the stablecoin market with its own USD-backed digital asset, according to CEO Brian Moynihan.\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bank of America Considering Its Own Stablecoin, Says CEO\" \/>\n<meta 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