Bank of America is working on launching a stablecoin, and investors can expect the lender to move forward with the cryptocurrency, CEO Brian Moynihan said on Wednesday, without giving a timeline. Stablecoins,

After clearing a procedural hurdle in the House of Representatives by a 215-211 vote on 16 July, the GENIUS Act now heads to floor debate, having already secured bipartisan Senate

Stablecoin adoption is on the rise. As Crypto Week kicks off in Washington, BofA flags four corners of the market that could benefit from the boom.

Citigroup Inc. is considering issuing its own stablecoin, positioning the company as a possible early mover in the push by traditional banks to expand into cryptocurrencies.

Visa stock price has struggled in the past few months as investors worry that it may become disrupted by the ongoing stablecoin growth. V shares were trading at $350 on Thursday, down by 6.75% from its highest point this year.

Citigroup may issue its own stablecoin in an effort to facilitate digital payments, the bank's CEO, Jane Fraser, told analysts on a post-earnings conference call on Tuesday.

Asset manager’s tokenised financial products are aligned with Hong Kong’s stablecoin framework, ChinaAMC (HK) CEO Tian Gan says.

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For all the hype around stablecoins, they’re a long way from becoming a viable everyday payment tool, according to Mastercard Inc.’s chief product officer, Jorn Lambert.

Republicans in Congress and the White House want to regulate cryptocurrency, in particular, a form called stablecoin, as the cryptocurrency industry becomes a force in big money donations.