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3️⃣ Bank of America CEO Excited for Stables Bank of America CEO, Brian Moynihan, spoke at an Economic Club meeting in Washington, D.C., where he was asked about the outlook for stablecoins if comprehensive legislation is passed. He responded, "If they make that legal, we will go into the business," suggesting that Bank of America may already be preparing to enter the stablecoin market. He also hinted at the possibility of the bank offering dollar-backed tokens linked to customers' accounts.
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