Inside the top banks’ stablecoin plans
Bank of America, Citi, J.P. Morgan all treading carefully
The country’s biggest banks are gingerly moving forward with stablecoin efforts after the Trump administration gave the industry legitimacy with the passage of the GENIUS Act. “The banks are opportunistic engines,” Pierre Buhler, managing director of financial services practice at consultancy SSA & Co., told Bank Automation News. “Stablecoins currently are considered very esoteric, and […]
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