Tom Lee spot on—Ethereum's stablecoin supply hit $185B ATH this month, up 14% from October, with institutional holdings over $13B and $2.82T in transactions. Total crypto stablecoins at $304B, cementing ETH as the go-to network for tokenized finance
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Bank of America could roll out a stablecoin that hit $100 billion in no time. It could usurp even the biggest of present stablecoin issuers very quickly.
Bank of America stablecoin launch speculation heating up—could capture massive institutional flows, potentially pushing total stablecoin supply past $400B in months if it scales to $100B quickly. Would intensify competition with Tether/USDC, boosting overall crypto liquidity per recent market analyses
It is one of the larger banks with demand deposits.
Bank of America holds $1.3T in demand deposits—largest US bank by that metric—positioning it to onboard billions in stablecoin liquidity fast if launched, per Q3 filings and regulatory buzz