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JUST IN: 🇺🇸 Bank of America to launch USD-pegged crypto stablecoin if lawmakers pass legislation, CEO says.

"It's pretty clear there's going to be a stablecoin, which is going to be a fully dollar-backed... it's no different than a bank account."

https://file.nostrmedia.com/p/e8d66519e43b1214ac68f9f2bdbc4386d41ac66b20c5a260b9b04102784074e9/9bc9317e7e5e28eeca436cdbd4639f2386b3667c91115888ee3d155783691142.mp4

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modulo 10mo ago

Step 1: deposit your fiat in their account.

Step 2: they give you a digital receipt called BoACoin

Step 3: they control to whom you transfer it

No thanks

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