Using stablecoins to make online payments would allow businesses and their customers to bypass the payment networks. The fees ...

Discover how Bank of America and U.S. Bank embrace crypto integration. The benefits of stablecoins for banking are being explored.

As the US stablecoin bill, known as the GENIUS Act, advances in the Senate, a once-niche corner of the crypto industry is ...

The GENIUS Act, passed by the Senate this week and now awaiting House approval, could bring stablecoin payments to Long Island businesses and workers.

The U.S. Senate has passed a bill to create a regulatory framework for stablecoins, a once-niche corner of the crypto industry that is gaining traction among global companies. Stablecoins, a type of ...

At an industry conference in New York last week, senior executives of Bank of America BAC, Fifth Third Bancorp FITB and U.S. Bancorp USB stated that they are open to adopting stablecoins as they ...

Dollar-pegged stablecoins, currently dominated by Tether’s USDT and Circle’s USDC, could 10x to become a $2 trillion market in just three years, according to U.S. Treasury secretary Scott Bessent, who ...

Bank of America CEO Brian Moynihan said Wednesday that the country’s second-largest bank is going to take a look at stablecoins after key crypto legislation passes.

Bank of America expects its trading revenue to grow by a mid-single-digit percentage this quarter, the 13th consecutive gain, CEO Brian Moynihan said on Wednesday.

Bank of America (BAC.N) could launch stablecoins, its CEO Brian Moynihan said earlier this year, and the U.S. banking industry will embrace cryptocurrencies for payments if regulations permit them.

On that front, Bank of America (BAC) Chief Executive Brian Moynihan said in February that the bank was likely to issue a stablecoin once legislation was passed.