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by: xpoolPosted on: April 18, 2025

Bank of America Enters Stablecoin Race, Challenging Tether and Circle

The Bank of America is making a bold move to enter the competitive stablecoin market. Aiming to challenge industry leaders like Tether and Circle, the institution is seeking a legal framework that will enable it to issue its own stablecoins. This push comes as traditional financial institutions are eager not to be left behind in this rapidly growing sector.

Related posts:

  1. Tether vs. Circle: Divergent Profit Structures Emerge in 2024
  2. Tether CEO Deflects Pressure to Go Public, Justifying Stablecoin Strength
  3. Circle Faces Price Pressure Before IPO: Stablecoin Expert Warns
  4. Stablecoin Expert Raises Concerns About Circle’s IPO Valuation
Bank of America Circle Stablecoin Tether

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