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TechFlow news, May 3 — According to Yahoo Finance, Bank of America said it would be willing to issue its own stablecoin if Congress enacts relevant legislation.
The report noted that Bank of America is the second-largest lending institution in the United States, and its CEO Brian Moynihan previously stated, "We will enter the stablecoin business as soon as legislation allows."
According to Yahoo Finance, Bank of America said it would be willing to issue its own stablecoin if Congress enacts relevant legislation. The report noted that Bank of America is the second-largest lender in the U.S., and its CEO Brian Moynihan previously stated, "We will enter the stablecoin business as soon as legislation allows."
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