Bank of America ready for stablecoin, awaits regulatory clarity

Bank of America is considering entering the stablecoin market, CEO Brian Moynihan said, stressing that the decision depends on regulatory clarity in the United States. The statement was made on August 20, 2025, during financial sector conferences.

According to Moynihan, the bank is prepared to work with the industry and develop stablecoin-based products, but only once legislation provides a clear operational framework. The CEO emphasized that stablecoins could enhance efficiency in cross-border payments and retail settlements, offering lower costs and faster processing compared to traditional systems.

Bank of America’s entry into this segment could accelerate stablecoin adoption worldwide, given its position among the largest financial institutions in the United States. Analysts suggest potential impacts include increased liquidity and faster transactions, especially in emerging markets.

Market reactions remain cautious as financial institutions and regulators closely monitor legislative developments. Moynihan reiterated that “working with the industry is essential,” leaving open the possibility of partnerships to advance institutional stablecoin solutions.