Bank of America expects banks to transition to blockchain in the coming years

Bank of America predicts that U.S. Banks will undergo a multi-year transition towards blockchain-based operations as regulators prepare to introduce new rules for stablecoins and tokenized deposits.

The FDIC is expected to propose rules this week allowing supervised banks to issue payment stablecoins via subsidiaries, with final regulations anticipated by July 2026 for full implementation by 2027.

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