The post Bank of America Eyes Entry into Stablecoin Market appeared on BitcoinEthereumNews.com. Key Points: Bank of America expresses interest in stablecoin market pending regulatory clarity. CEO Brian Moynihan emphasizes regulatory readiness for stablecoin launch. USDC maintains strong market presence with $67.76 billion market cap. Bank of America CEO Brian Moynihan confirms the bank’s interest in entering the stablecoin market, contingent upon U.S. regulatory clarity as of August 20, 2025. This potential entry underscores stablecoins’ growing role in banking, promising improved efficiency in cross-border transactions and retail settlements, pending legislative approval and market readiness considerations. Shift in Market Dynamics Driven by Stablecoin Adoption Bank of America has signaled its readiness to engage with the stablecoin sector, pending new U.S. regulations. CEO Brian Moynihan confirmed this interest at recent conferences, emphasizing collaboration with industry players. He highlighted regulatory readiness as a pivotal factor, noting the stablecoin’s efficiency in cross-border payments. Potential market changes include increased liquidity and faster transactions in emerging markets. As stablecoins gain traction, they offer cost and time advantages over traditional systems, benefiting consumers and institutions alike. Such developments could increase adoption rates globally. “We’re working with the industry, working individually… the problem before was it wasn’t clear we were allowed to do it under the banking regulations.” — Brian Moynihan, CEO, Bank of America Market reactions have been attentive, with banks and regulators observing these developments. Moynihan emphasized collaboration, remarking, “Working with the industry is key.” This openness suggests potential partnerships to advance institutional stablecoin solutions soon. Market Data and Future Insights Did you know? Bank of America’s interest in stablecoins mirrors JPMorgan’s earlier pilot programs, highlighting a trend among major banks seeking stablecoin solutions pending regulatory green lights. According to CoinMarketCap, USDC maintains a robust market cap of $67.76 billion with a steady price of $1.00. Over the last 90 days, the token’s value remained stable, reflecting its dominance… The post Bank of America Eyes Entry into Stablecoin Market appeared on BitcoinEthereumNews.com. Key Points: Bank of America expresses interest in stablecoin market pending regulatory clarity. CEO Brian Moynihan emphasizes regulatory readiness for stablecoin launch. USDC maintains strong market presence with $67.76 billion market cap. Bank of America CEO Brian Moynihan confirms the bank’s interest in entering the stablecoin market, contingent upon U.S. regulatory clarity as of August 20, 2025. This potential entry underscores stablecoins’ growing role in banking, promising improved efficiency in cross-border transactions and retail settlements, pending legislative approval and market readiness considerations. Shift in Market Dynamics Driven by Stablecoin Adoption Bank of America has signaled its readiness to engage with the stablecoin sector, pending new U.S. regulations. CEO Brian Moynihan confirmed this interest at recent conferences, emphasizing collaboration with industry players. He highlighted regulatory readiness as a pivotal factor, noting the stablecoin’s efficiency in cross-border payments. Potential market changes include increased liquidity and faster transactions in emerging markets. As stablecoins gain traction, they offer cost and time advantages over traditional systems, benefiting consumers and institutions alike. Such developments could increase adoption rates globally. “We’re working with the industry, working individually… the problem before was it wasn’t clear we were allowed to do it under the banking regulations.” — Brian Moynihan, CEO, Bank of America Market reactions have been attentive, with banks and regulators observing these developments. Moynihan emphasized collaboration, remarking, “Working with the industry is key.” This openness suggests potential partnerships to advance institutional stablecoin solutions soon. Market Data and Future Insights Did you know? Bank of America’s interest in stablecoins mirrors JPMorgan’s earlier pilot programs, highlighting a trend among major banks seeking stablecoin solutions pending regulatory green lights. According to CoinMarketCap, USDC maintains a robust market cap of $67.76 billion with a steady price of $1.00. Over the last 90 days, the token’s value remained stable, reflecting its dominance…

                                                                               Powell said the Federal Open Market Committee is weighing interest rates on a meeting-by-meeting basis, with no long-term consensus.                     US Federal Reserve Chair Jerome Powell said the 19 members of the Federal Open Market Committee (FOMC) remain divided on additional interest rate cuts in 2025.At Wednesday’s press conference after the Fed’s 25-basis-point rate cut, Powell said the central bank is trying to balance its dual mandate of maximum employment and price stability in an unusual environment where the labor market is weakening even as inflation remains elevated. Powell said:Powell said that the “median” FOMC projection from the Federal Reserve’s Summary of Economic Projections (SEP), the Fed’s quarterly outlook for the US economy that informs interest rate decisions, projected interest rates at 3.6% at the end of 2025, 3.4% by the end of 2026, and 3.1% at the end of 2027.Read more