Bank of America slides as stablecoin race adds 21 firms
Bank of America joined 20 other financial institutions racing to launch a dollar-backed stablecoin. Shares slid approximately 1.2% to $62.28 Friday. The group plans to establish a company in 2026 and put the token into circ…
Bank of America NYSE:BAC, the U.S. consumer-and-investment banking giant, joined 20 other financial institutions racing to launch a dollar-backed stablecoin as its shares slid approximately 1.2% to $62.28 Friday.
The heavyweight group plans to establish a company in 2026 and put the token into circ…