On February 25, Bank of America CEO Brian Moynihan announced that his company is preparing to launch a USD-pegged stablecoin. You can read more about that here: https://watcher.guru/news/bank-of-america-to-launch-usd-pegged-crypto-stablecoin This market will resolve to "Yes" if Bank of America (BOA) launches a stablecoin pegged to the US Dollar by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No". The stablecoin must be officially announced and made available for transactions by BOA or a subsidiary under its direct control. The token must be actively transferrable and/or tradable, announcements alone will not qualify. The primary resolution source for this market will be information from Bank of America and its representatives, however a consensus of credible reporting will also be used.
BOA is just playing catch-up to JPM. JPMorgan already has JPM Coin running on Coinbase’s Base, so BofA is late to the party. Their stablecoin will probably be a "walled garden" for institutional clients first. Don't expect to use "BofA-Coin" at your local coffee shop in 2025, but it’s huge for real-time bank settlements.
No. They need Congress and the Fed to finalize the stablecoin framework first. They aren't going rogue.
what’s the private one called
last time fr drop it
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hate those nuclear-armed hypocrites
where’s the good panel at? odds here are cooked
ty king
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For a major bank to launch a stablecoin in the next FIVE months (considering the fact that the GENIUS act was passed a mere month ago) is a very optimistic timelime. While I would personally appreciate such a development the fact of the matter is that the regulatory hurdles to bring such an instrument to market will be considerable.
can these retards hurry up
In the past week, significant developments have emerged regarding the potential launch of a USD-pegged stablecoin by a major U. financial institution. Recent reports indicate that the bank in question is actively working on its own stablecoin, signaling a strong move by traditional finance into the cryptocurrency space. This news, reported as recently as June 11, 2025, suggests growing momentum that could shift probabilities toward a "Yes" outcome. However, with "No" leading at 59.5%, market sentiment remains cautious, likely due to regulatory uncertainties and the timeline until the of 2025