Unlocking Profit: How Bankers Can Harness Stablecoins for Revenue Growth
Brian Moynihan recently remarked, “It’s pretty clear there’s going to be a stablecoin… So if they make that legal, we’ll go into that business …it’s just then like another foreign currency.” While the comments from the CEO of Bank of America capture one bank use case for stablecoins, these digital assets have much more to offer banks than that.