Ripple has selected Bank of New York Mellon as the primary custodian for the reserves supporting its U.S. dollar-pegged stablecoin, RLUSD. Both companies announced on July 9 the ongoing integration of ...

Ripple stablecoin RLUSD attracts attention from Bank of America amid strong regulatory backing and growing use in ...

Stablecoin adoption is on the rise. As Crypto Week kicks off in Washington, BofA flags four corners of the market that could ...

Executives at five of the largest US banks shared their plans for stablecoin as regulations passed by Congress were headed to ...

Stablecoin transactions have passed $5 trillion this year, with their value up 47% since the 2024 U.S. election.

RLUSD gains traction as Bank of America explores stablecoin options, with strong regulatory backing making it a top contender.

Bank of America has been working on stablecoin development and expects to move forward, according to CEO Brian Moynihan. Moynihan’s comments come as Congress weighs the GENIUS Act, a bill aimed ...

Bank of America views GENIUS Act as pivotal for stablecoin regulation in US. Stablecoin supply expected to grow by $25-75 billion. Industry shift towards consolidation and adoption of stablecoins and ...

By Nupur Anand NEW YORK (Reuters) -Bank of America is working on launching a stablecoin, and investors can expect the lender to move forward with the cryptocurrency, CEO Brian Moynihan said on ...

Bank of America CEO Brian Moynihan said the bank is exploring stablecoin initiatives, as Congress considers a bill that would allow private companies to issue their own.

JPMorgan challenges the Treasury's $2 trillion stablecoin market forecast, arguing growth will be slower due to undeveloped infrastructure.

Bank of America (BAC) says the GENIUS Act, signed into law last Friday by President Donald Trump, marks a turning point for U.S. stablecoin regulation, laying the groundwork for infrastructure ...