Big news for cryptocurrency! Bank of America, a huge bank, might start its own digital money called a stablecoin. It's like a digital dollar, tied to the real value of the U.S. dollar. This could be a big change for how we use money.
- Bank of America's CEO says they'll create a stablecoin if the government allows it.
- Stablecoins are like digital dollars, always worth about $1.
- This could happen faster than we think, maybe within Trump's first 100 days in office if the new laws pass.
Fact | Number |
---|---|
Stablecoin transaction volume last year | Over $33 trillion! |