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
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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