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5 Results from /crypto, "Bank of America"

/crypto

Wall Street players complete on-chain US Treasury financing on Canton Network

A group of financial firms, including Bank of America, Circle and the DTCC, have used the Canton Network blockchain platform to complete the first full on-chain financing of US Treasuries (UST) against the USDC stablecoin.

/crypto

Major US banks consider joint stablecoin venture

US big banks, JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo have held discussions on potentially launching a stablecoin that will improve transaction speeds whilst managing competition from encroaching crypto firms.

/crypto

Bakkt sees shares plunge as crypto firm loses major customers

Shares in digital asset player Bakkt tumbled by more than a third on news that the firm has lost two major customers, Bank pf America and Webull.

/crypto

BofA CEO says bank prepared to launch own stablecoin

Bank of America will look to launch its own dollar-backed stablecoin if US lawmakers make it legal to do so, says CEO Brian Moynihan.

/crypto

BofA and Coinbase join Paxos Series D round

Blockchain infrastructure platform Paxos has added Bank of America, Coinbase Ventures, Founders Fund and FTX to its recent $300 million Series D funding round.