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Bank of America says stablecoin adoption and CBDC is ‘inevitable’

A recent note from Bank of America analysts said that a CBDC would differ from digital currencies currently available because it would be the liability of the Fed, not a commercial bank.

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Bank of America says stablecoin adoption and CBDC is ‘inevitable’

A recent note from Bank of America analysts said that a CBDC would differ from digital currencies currently available because it would be the liability of the Fed, not a commercial bank.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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