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Bank of America Stablecoin: No It Isnt A CBDC

taskmaster4450 3Speak Podcast
taskmaster4450 3Speak Podcast
Episode • Feb 27

https://3speak.tv/watch?v=taskmaster4450/sxfjanty
The CEO of Bank of America announced that it will bring out a stablecoin once we get regulatory clarify.

In this video I discuss how most financial institutions are going to enter this arena, at least in the US. We also dive into why it is not a CBDC but will be heavily regulated.

Article mentioned in the video:

https://www.coinspeaker.com/bank-of-america-ceo-reveals-plans-for-us-dollar-backed-stablecoin-but-theres-a-catch/

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