Bank of America CEO: If stablecoin legislation is perfected, it will enter the stablecoin business

According to Foresight News, according to Fortune magazine, Brian Moynihan, CEO of Bank of America, stated that if stablecoins are legalized in the United States, they will enter the stablecoin business. This means that Bank of America will provide BofA tokens linked to USD deposit accounts. Under President Trump's cryptocurrency friendly government, lawmakers are seeking to pass legislation on stablecoins.