stablecoin market

Bank of America to Consider Stablecoins After Crucial Crypto Laws Pass, CEO Announces

Bank of America to Consider Stablecoins After Crucial Crypto Laws Pass, CEO Announces

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Brian Moynihan, CEO of Bank of America (BAC), announced on Wednesday that the bank is poised to explore stablecoins once significant crypto legislation is enacted.  Future Of Stablecoins In Focus Speaking at a Morgan Stanley conference in New York, Moynihan emphasized the […]

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Anchorage Digital Acquires Mountain Protocol to Expand Stablecoin Services

Anchorage Digital Acquires Mountain Protocol to Expand Stablecoin Services

Anchorage Digital, the only federally chartered digital asset bank in the United States, is expanding its stablecoin capabilities through the acquisition of Mountain Protocol, a regulated stablecoin issuer. The deal, announced on May 12, is subject to regulatory approval and standard closing conditions. While financial terms of the acquisition were not disclosed, Anchorage confirmed it

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