Stripe is not stopping: It acquired the wallet leader Privy and enabled millions of Shopify merchants across 34 countries to use stablecoins.
Then: For over a decade, Bank of America dismissed crypto as “troubling.” Quietly, they were building the largest blockchain patent portfolio in finance.
This week, CEO Brian Moynihan confirmed what insiders have known for months: They’re building a USD stablecoin.
We also released our Stablecoin x AI report. 🔥 Access here
Bank of America CEO Brian Moynihan just confirmed what insiders knew: America's 2nd-largest bank is actively developing a blockchain-based digital dollar. This isn't crypto experimentation: BofA moves $3T daily and has quietly filed hundreds of blockchain patents since 2014 while publicly calling crypto "troubling."
The catalyst: Trump's regulatory clarity + the GENIUS Act creating federal stablecoin frameworks. Moynihan's exact words: "If they make that legal, we will go into that business."
So what: The stablecoin floodgates are opening. Société Générale already launched a dollar-pegged coin. JPMorgan, Citi, Wells Fargo, and Fidelity are building USD stablecoins. The dominos are falling. Soon, we'll see every major bank launch a USD stablecoin. And when major banks control digital dollar infrastructure, your payment rails will need to integrate or risk displacement. [ANALYSIS]
