Bank of America CEO: Delay on stablecoins could let tech rivals eat banking’s lunch

At a Morgan Stanley event, Brian Moynihan discussed Bank of America’s efforts to develop stablecoin solutions, stressing the importance of regulatory clarity to avoid losing customers to competitors.

Bitwise’s CEO forecasts that once Bitcoin reaches 130,000 USD, selling pressure will decline, leading to a potential price surge as holders prefer borrowing against their assets.

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