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by: xpoolPosted on: April 29, 2025

Major Banks Eye Stablecoin Market, Seeking Regulatory Clarity for Launch

Bank of America CEO Brian Moynihan boldly declared his intention to issue a stablecoin only if Congress provides clear regulatory guidelines, revealing the significant interest of traditional financial institutions in digital assets. This move could reshape the stablecoin market and impact cryptocurrencies like USDT and USDC, potentially altering the DeFi landscape.

Related posts:

  1. Senator Lummis Critiques Fed’s Crypto Guidance Withdrawal, Calls It ‘Just Noise’
  2. Banks Now Free to Explore XRP Following Fed’s Regulatory Shift
  3. Circle Receives In-Principle Approval to Operate as Money Services Provider in Abu Dhabi
  4. Custodia CEO Condemns Fed’s Stablecoin Policy
Banking Crypto Regulation Stablecoins

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