{"id":38616,"date":"2025-07-24T15:46:41","date_gmt":"2025-07-24T15:46:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=38616"},"modified":"2025-07-24T15:46:41","modified_gmt":"2025-07-24T15:46:41","slug":"will-us-banks-launch-their-own-stablecoins-bank-of-america-says-they-might","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=38616","title":{"rendered":"Will US Banks Launch Their Own Stablecoins? Bank Of America Says They Might"},"content":{"rendered":"<div>\n<p><strong>Bank of America<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/BAC#NYSE\">BAC<\/a>) views the <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/07\/46582358\/how-trumps-genius-act-could-supercharge-tethers-usdt\">recently signed GENIUS Act<\/a> as a pivotal step in shaping stablecoin regulation in the U.S., setting the stage for broader tokenization in finance.<\/p>\n<p><strong>What Happened: <\/strong>In a research note last week, the bank\u2019s analysts said the legislation, signed by President <strong>Donald Trump<\/strong>, could spur infrastructure development and drive competition in the digital finance sector, Coindesk <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/07\/24\/stablecoin-supply-to-grow-as-much-as-usd75b-following-passage-of-genius-act-bofa-says\">reported<\/a>.<\/p>\n<p>Stablecoins, which are digital tokens backed by fiat currencies or commodities like gold, are expected to see moderate growth in the near term. <\/p>\n<p>Bank of America projects their supply could increase by $25 billion to $75 billion, driven by new &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/07\/46606847\/will-us-banks-launch-their-own-stablecoins-bank-of-america-says-they-might\" alt=\"Will\" us banks launch their own stablecoins bank of america says they might>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bank of America (NYSE:BAC) views the recently signed GENIUS Act as a pivotal step in shaping stablecoin regulation in the U.S., setting the stage for broader tokenization in finance. What Happened: In a research note last week, the bank\u2019s analysts said the legislation, signed by President Donald Trump, could spur infrastructure development and drive competition [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-38616","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38616"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38616\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}