Bank of America CFO: Legislative Clarity Paves the Way for Stablecoin Development
According to ChainCatcher, the Chief Financial Officer of Bank of America stated that as the regulatory framework becomes clearer, banks will be able to offer stablecoin-related services to their clients. He pointed out that banks can either independently develop stablecoins or choose to collaborate with industry partners for development.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
USDC Treasury minted 250 million USDC on Solana
U.S. consumer credit scores see largest drop since the 2008 financial crisis
U.S. senators investigate whether Trump AI and crypto advisor David Sacks violated ethics rules
