Bank of America Quietly Positions: Could $6 Trillion in Bank Deposits Flow into Stablecoins?

marsbitPubblicato 2026-07-22Pubblicato ultima volta 2026-07-22

Introduzione

Bank of America (BofA) is making strategic moves in digital assets, appointing senior leaders to advance a platform covering stablecoins, tokenized deposits, custody, and crypto settlement. This comes amid a broader discussion about the potential migration of trillions in bank deposits to stablecoins. A cited TBAC report estimated up to $6.6 trillion in transactional deposits could be at risk of moving to stablecoins long-term, a point BofA's CEO previously conditioned on stablecoins being allowed to pay interest. The regulatory landscape is evolving, with the GENIUS Act setting a final implementation deadline for January 2027. Major banks, however, are not waiting; JPMorgan, Citi, BofA, and others are already developing tokenized deposit networks and services. Industry observers note that while retail crypto trading is sluggish, institutional adoption of stablecoins for real-world use cases is driving growth. Despite the activity, some analysts remain cautious, noting banks have a long history of blockchain announcements and that true structural change is slow. The stablecoin market itself has seen a recent dip from its peak. Optimistic projections, however, foresee significant growth, with stablecoin settlement volume already reaching $33 trillion in 2025. The race is on for the post-January 2027 landscape, where regulatory clarity is expected to accelerate the fusion of traditional finance and crypto.

Written by: Forbes

Compiled by: AididiaoJP, Foresight News

Recent personnel changes by Bank of America in the digital assets space have sparked heated discussion in the crypto community. @Nxtlvl, a member of the Polygon Labs team, posted on the X platform: "Bank of America has appointed senior leaders to accelerate digital assets and AI in global markets. They will be responsible for a platform covering stablecoins, tokenized deposits, custody, and crypto settlement. More adoption is coming, and a significant portion of it will happen quietly inside the world's largest bank."

This comment was in response to internal memos reported by Reuters and Bloomberg on July 17th. Bank of America appointed Sonali Theisen, Head of Global FICC Electronic Trading, to additionally oversee the design, construction, and governance of the bank's global digital asset platform; Kevin Milsom was appointed Head of Platform AI Transformation; and Adam Dixon continues as Head of Digital Asset Transformation, responsible for tokenized deposits, crypto settlement, and custody.

The news emerged during a downturn in the crypto market. On July 20th, the price of Bitcoin hovered around $65,000, over $50,000 lower than a year ago.

Potential Flow of $6 Trillion in Deposits

The "$6 trillion" figure circulating on social media is far more eye-catching than the personnel appointments. A South Korean crypto commentary account, @CliporaGo, posted on July 15th: "The CEO of Bank of America clearly stated that $6 trillion in bank deposits could flow into stablecoins. This is not a claim by a crypto analyst or a blockchain startup, but by the CEO of the second-largest U.S. bank."

However, this statement omitted crucial conditions and had an incorrect timeline. Brian Moynihan's original comment was from the bank's Q4 earnings call on January 14th of this year, where he stated that deposits *could* migrate *only if* stablecoins were allowed to pay interest. The GENIUS Act did not permit this feature.

The origin of this number is even earlier. An April 2025 report from the U.S. Treasury Borrowing Advisory Committee (TBAC) estimated that approximately $6.6 trillion in transactional bank deposits could be at risk of long-term outflow to stablecoins.

Moynihan has never hidden the bank's intentions. In February 2025, he stated at a Washington Economic Club breakfast: "If the law allows it, we will get into the business." Stablecoin-related legislation had not yet been passed at that time.

Institutions Are Adopting Stablecoins at Scale

The GENIUS Act was signed on July 18, 2025, giving regulators a year to finalize implementation rules. But the July 18, 2026 deadline has passed, with only ten proposed rules released and none finalized, pushing the law's effective date to January 18, 2027. In the same week that regulators missed the final deadline, Bank of America prominently advanced its crypto leadership appointments.

Major banks are not waiting for perfect regulations. JPMorgan's JPMD tokenized deposits are already operational on Coinbase's Base network; Citigroup's Token Services offers 24/7 tokenized U.S. dollar clearing. JPMorgan, Citigroup, Bank of America, Wells Fargo, and HSBC are collaboratively building a shared tokenized deposit network through The Clearing House, targeting a launch in the first half of 2027.

Sami Start, CEO of crypto payments company Transak, pointed out on the On The Margin podcast: "Retail crypto buying and selling does feel a bit like 'crypto winter' right now, but stablecoin adoption has nothing to do with that. Institutions are adopting stablecoins for real-world use cases, which is why we're seeing it grow."

No Fundamental Structural Shift Has Occurred

Not everyone views these appointments as a turning point. Alessandro Hatami, Managing Partner of Pacemakers.io, told Bloomberg: "These banks have been announcing blockchain projects for a decade. Banks are also competitors, which makes it very difficult for joint infrastructure to actually land." Jordan McKee, Head of Fintech Research at S&P Global Market Intelligence, stated in an April CoinDesk report that most financial institutions remain in an "early and cautious" phase regarding their stablecoin strategies.

The stablecoin market itself is also relatively quiet. According to DefiLlama data, the total supply is near $300 billion, down about $10 billion from the May peak, with Tether's USDT and Circle's USDC accounting for over 80%.

Neo, CEO of onchain neobank UR, said on the same podcast: "Today, in both the Web3 and Web2 worlds, everyone is taking shortcuts. Issue a card with a USDC stablecoin, and you're a neobank, able to spend easily, it looks cool. But from a core structural perspective, nothing has really changed."

The Race for January 2027 Has Begun

Optimists have their own data. Artemis Analytics data shows stablecoin on-chain settlement volume reached $33 trillion in 2025, a 72% year-over-year increase. Bloomberg Intelligence predicts payment flows could exceed $50 trillion by 2030; 21Shares expects the stablecoin market size to surpass $1 trillion by the end of 2026.

The next key date is January 18, 2027, when the GENIUS Act takes effect, regardless of whether the rules are finalized. By then, memos inside banks will carry more weight than external social media posts. Nicole Sandler, Chief Ecosystem Officer at tokenized money clearing startup Ubyx, told Bloomberg in July: "The competitive threat is now clear, visible, and measurable."

As traditional finance and crypto accelerate their convergence, Bank of America's quiet positioning might just be the tip of the iceberg of a larger trend. Future issues like deposit migration and stablecoins paying interest will continue to test the balancing act between banks and regulators.

Crypto di tendenza

CitreaCTR

wrapped stUSDTWSTUSDT

Velodrome FinanceVELODROME

BrevisBREV

ZRX（0X）ZRX

PancakeSwapCAKE

Domande pertinenti

QWhat recent internal moves at Bank of America have sparked discussions in the crypto community, and what is the reported purpose of the new digital asset platform?

ABank of America has appointed key personnel, including Sonali Theisen, to lead the design, construction, and governance of its global digital asset platform. The platform is reported to cover stablecoins, tokenized deposits, custody, and crypto settlement, aiming to accelerate digital asset and AI adoption internally.

QWhat was the context and qualifying condition of Bank of America CEO Brian Moynihan's statement about $6 trillion in deposits potentially moving to stablecoins?

AThe statement was made during the bank's Q4 earnings call in January. Moynihan clarified that the potential migration of approximately $6 trillion in transaction banking deposits to stablecoins would only occur if stablecoins were legally permitted to pay interest, a condition not allowed under the GENIUS Act at the time.

QAccording to the article, how are major banks like JPMorgan and Citigroup approaching stablecoins and tokenization despite regulatory delays?

AMajor banks are not waiting for final regulations. JPMorgan's JPMD tokenized deposits are operational on Coinbase's Base network, and Citigroup's Token Services offers 24/7 tokenized USD clearing. Several banks, including Bank of America, are also collaborating through The Clearing House to build a shared tokenized deposit network targeting a 2027 launch.

QWhat are some skeptical views presented in the article regarding the significance of banks' announcements about blockchain and stablecoin projects?

ASkeptics like Alessandro Hatami note that banks have been announcing blockchain projects for a decade and that competition between them makes launching joint infrastructure difficult. Analysts like Jordan McKee state most financial institutions remain in an 'early and cautious' phase regarding stablecoin strategy.

QWhat is the next critical regulatory deadline mentioned in the article, and why is it significant for the stablecoin landscape?

AThe next critical deadline is January 18, 2027, when the GENIUS Act is set to take effect regardless of whether final implementation rules are complete. This date marks the point when legal frameworks for stablecoins will be formally established, intensifying competition and potentially accelerating institutional adoption.

Letture associate

Can Japan Buy Growth with AI? Will the Bond Market Believe It?

Japan's cabinet has introduced the 2026 Basic Policy on Economic and Fiscal Management and Reform, shifting its primary fiscal target. The new framework moves away from the traditional annual primary balance goal and instead prioritizes a stable reduction of the debt-to-GDP ratio. This change is tied to a strategy of increased "responsible proactive fiscal" spending, aiming to boost long-term growth through investments in strategic sectors like AI, semiconductors, energy, and robotics. The government estimates total public and private investment in 62 key technologies could exceed 370 trillion yen by 2040. The market reaction has been mixed and cautious. While equity markets may respond to policy signals, bond markets are focused on fiscal credibility. Concerns center on whether the weakening of the clear primary balance anchor could lead to looser fiscal discipline. If investors doubt that these strategic investments will generate sufficient productivity gains, tax revenue, and nominal growth to outpace rising interest costs, they may demand higher yields on Japanese Government Bonds (JGBs). Recent volatility in the yen and JGB yields, with the 10-year yield briefly reaching 2.9%, reflects this skepticism. The success of this new framework hinges on two factors: whether Japan can achieve a nominal growth rate consistently higher than its long-term interest rates, and whether future budgets demonstrate disciplined control over bond issuance. The government's narrative is that strategic investment is essential to break Japan's cycle of low growth, aging, and labor shortages. However, the bond market will continuously assess the credibility of this plan, pricing the risk that it may represent fiscal expansion rather than a viable growth strategy.

marsbit4 min fa

Can Japan Buy Growth with AI? Will the Bond Market Believe It?

marsbit4 min fa

Misjudged A-Shares: Resilience, Expectations, and Confidence

China's A-share market recently faced selling pressure, especially in tech sectors, initially triggered by a global tech sell-off that began in South Korea. However, the article argues this is a case of "mistaken injury" and highlights the market's underlying resilience. This resilience stems from three main pillars: **1) Tech Sector Fundamentals:** Unlike Korea's market dominated by a few memory chip stocks, China's tech sector is diversified across computing, communications, electronics, and semiconductors, supported by dual narratives of global AI supply chains and domestic substitution. Core areas like optical modules and fiber optics continue to show strong earnings growth. **2) "National Team" Support:** State-backed institutions and large corporations have made significant market purchases and announced buybacks, providing liquidity and signaling confidence. This is seen as a stabilizing policy signal, often associated with market bottoms. **3) Broader Market Pillars:** Other major sectors are showing endogenous recovery momentum. Consumer stocks benefit from stabilizing CPI and signs of sector recovery (e.g., liquor price hikes). Cyclical sectors like aluminum have high earnings, potential price increases due to tight supply, and low valuations. The financial sector offers stable dividends and low valuations. The conclusion is that the sell-off was driven by external contagion, not a collapse in fundamentals. With strong policy support and recovering momentum across key sectors, the A-share market possesses the toughness to regain stability.

marsbit35 min fa

Misjudged A-Shares: Resilience, Expectations, and Confidence

marsbit35 min fa

Quantum Computers Haven't Arrived Yet, but Satoshi's 1.1 Million Bitcoin Pose the First Problem

A zero-knowledge proof tool can help modern Bitcoin wallets migrate assets before quantum attacks in milliseconds. However, approximately 1.1 million bitcoins mined by Satoshi Nakamoto before 2012 are fundamentally unprotected by such solutions, as they reside in older P2PK addresses lacking the hierarchical structure required for this cryptographic rescue. This exposes a critical divide: post-2012 HD wallets can potentially "upgrade" signatures using tools like Project Eleven's, while early coins are cryptographically isolated. The community faces a political, not technical, dilemma with four contentious options: 1) Let quantum attackers seize the coins, risking market instability; 2) Hard fork to freeze vulnerable addresses, seen as violating property rights; 3) Implement extreme spending limits to slow any attack; 4) Redistribute "orphaned" coins, breaking immutability. Each solution threatens a core Bitcoin tenet. The market is already pricing in this governance risk, as evidenced by institutional divestment citing uncertainty. The true crisis isn't the arrival of quantum computing, but the community's inability to reconcile its foundational principles with an existential technological shift.

marsbit43 min fa

Quantum Computers Haven't Arrived Yet, but Satoshi's 1.1 Million Bitcoin Pose the First Problem

marsbit43 min fa

Where Will the Next Bull Market's Main Battlefield Be? The Answer Lies in These Two Types of Assets

Matt Hougan, Bitwise's CIO, identifies the fusion of traditional finance and on-chain finance as the core driver for the next crypto bull market. He expects this cycle, propelled by real-world utility and global finance adoption, to be the largest yet, centered on stablecoins, asset tokenization, 24/7 trading, instant settlement, and institutional DeFi growth. The article outlines two primary investment approaches tied to this trend. The first focuses on native crypto applications with strong revenues and sustainable tokenomics, exemplified by Hyperliquid (HYPE). Its Layer-1 chain is gaining significant trading volume from traditional assets like oil and equities. Its model of using 99% of revenues for token buybacks is a key strength. The second approach targets established traditional firms building at scale on crypto rails, like Robinhood. The launch of its Robinhood Chain, enabling global trading of tokenized stocks and DeFi activities, represents a major move towards this fusion. The author also notes other serious contenders like Coinbase, Figure, BlackRock, and JPMorgan. Ultimately, the thesis is that the most profound success will come when blockchain technology seamlessly integrates into finance, becoming invisible to end-users. Investors are advised to position ahead of this convergence.

Foresight News47 min fa

Where Will the Next Bull Market's Main Battlefield Be? The Answer Lies in These Two Types of Assets

Foresight News47 min fa

The Clarity Act's Journey Through Congress: The Thorny Path of Bipartisan Compromise in the U.S.

The U.S. Congress is struggling to advance the crypto market structure bill known as the Clarity Act, with bipartisan compromise proving difficult. Key hurdles include unresolved disputes over "yield" products and, more critically, the inclusion of strong ethics provisions for elected officials—a non-negotiable demand for many Democrats. While a compromise on yield was reached in May, securing only limited Democratic support in committee, the separate Senate Agriculture Committee version later passed with no Democratic votes due to the ethics impasse. As Republicans push for a full Senate vote in July, demands for ethics rules have expanded, and other contentious issues like developer protections and concerns from law enforcement and large banks further complicate negotiations. Despite consensus on the need for legislation, the path forward is unclear. Recent discussions between senators and White House officials aim to find acceptable ethics language. Some lawmakers question whether a compromise text can garner enough bipartisan support, with one Democrat stating the current proposal lacks the strong ethics provisions required for their vote. Potential short-term goals for the crypto community include symbolic Senate action before the August recess, a longer-term aim for passage by 2026, or establishing a detailed framework that addresses ethics and other compromises. The process remains arduous, relying on the traditional, vote-by-vote effort to build bipartisan support.

marsbit54 min fa

The Clarity Act's Journey Through Congress: The Thorny Path of Bipartisan Compromise in the U.S.

marsbit54 min fa

Trading

Spot

Articoli Popolari

Cosa è $BANK

Banca AI: Un Passo Rivoluzionario nel Futuro della Banca Introduzione In un'era caratterizzata da rapidi progressi tecnologici, Banca AI si trova all'incrocio tra intelligenza artificiale (AI) e servizi bancari. Questo progetto innovativo mira a ridefinire il panorama finanziario, migliorando l'efficienza operativa, le misure di sicurezza e le esperienze dei clienti attraverso il potere dell'AI. Mentre ci impegniamo in questa esplorazione di Banca AI, esamineremo cosa comporta il progetto, le sue dinamiche operative, il suo contesto storico e i traguardi significativi. Cos'è Banca AI? Alla sua essenza, Banca AI rappresenta un'iniziativa trasformativa volta a integrare l'intelligenza artificiale in varie operazioni bancarie. Questo progetto sfrutta le capacità dell'AI per automatizzare processi, migliorare i protocolli di gestione del rischio e potenziare l'interazione con i clienti attraverso servizi personalizzati. Gli obiettivi principali di Banca AI includono: Automazione delle Funzioni Bancarie: Sfruttando le tecnologie AI, Banca AI mira ad automatizzare compiti di routine, riducendo il carico sulle risorse umane e aumentando l'efficienza. Miglioramento della Gestione del Rischio: Il progetto utilizza algoritmi AI per prevedere e identificare i rischi, rafforzando così le misure di sicurezza contro le frodi e altre minacce. Personalizzazione dei Servizi Bancari: Banca AI si concentra sull'offrire prodotti e servizi finanziari su misura analizzando i dati e i comportamenti dei clienti. Miglioramento dell'Esperienza del Cliente: L'implementazione di soluzioni guidate dall'AI, come chatbot e assistenti virtuali, mira a fornire agli utenti interazioni più umane, rivoluzionando il modo in cui i clienti si relazionano con le banche. Con questi obiettivi, Banca AI si posiziona come un attore cruciale nel rendere la banca più efficiente, sicura e centrata sull'utente. Chi è il Creatore di Banca AI? I dettagli riguardanti il creatore di Banca AI rimangono sconosciuti. Pertanto, non è stata identificata alcuna persona o organizzazione specifica nelle informazioni disponibili. L'anonimato che circonda la nascita del progetto solleva domande, ma non sminuisce la sua ambiziosa visione e obiettivi. Chi sono gli Investitori di Banca AI? Simile al creatore del progetto, informazioni specifiche riguardo gli investitori o le organizzazioni di supporto di Banca AI non sono state divulgate. Senza queste informazioni, è difficile delineare il sostegno finanziario e istituzionale che potrebbe spingere il progetto in avanti. Tuttavia, l'importanza di avere una solida base di investimento è fondamentale per sostenere lo sviluppo in un campo così innovativo. Come Funziona Banca AI? Banca AI opera su più fronti innovativi, concentrandosi su fattori unici che la differenziano dai framework bancari tradizionali. Di seguito sono riportate le caratteristiche operative chiave: Automazione: Applicando algoritmi di machine learning, Banca AI automatizza vari processi manuali all'interno delle banche. Ciò si traduce in una riduzione dei costi operativi e consente ai lavoratori umani di reindirizzare i propri sforzi verso attività più strategiche. Gestione Avanzata del Rischio: L'integrazione dell'AI nelle pratiche di gestione del rischio fornisce alle banche strumenti per prevedere con precisione potenziali minacce come le frodi, garantendo che le informazioni e i beni dei clienti rimangano al sicuro. Raccomandazioni Finanziarie Personalizzate: Attraverso l'apprendimento continuo dalle interazioni con i clienti, i sistemi AI sviluppano una comprensione sfumata delle esigenze degli utenti, consentendo loro di offrire consigli su misura per le decisioni finanziarie. Interazioni Migliorate con i Clienti: Utilizzando chatbot e assistenti virtuali alimentati dall'AI, Banca AI consente un'esperienza cliente più coinvolgente, permettendo agli utenti di risolvere rapidamente le loro richieste, riducendo così i tempi di attesa e migliorando i livelli di soddisfazione. Tutte queste caratteristiche operative posizionano Banca AI come un pioniere nel settore bancario, stabilendo nuovi standard per la fornitura di servizi e l'eccellenza operativa. Timeline di Banca AI Comprendere la traiettoria di Banca AI richiede uno sguardo al suo contesto storico. Di seguito è riportata una timeline che evidenzia traguardi e sviluppi importanti: Inizio 2010: La concettualizzazione dell'integrazione dell'AI nei servizi bancari ha cominciato a guadagnare attenzione mentre le istituzioni bancarie riconoscevano i potenziali benefici. 2018: Si è verificato un aumento significativo nell'implementazione delle tecnologie AI quando le banche hanno iniziato a utilizzare strumenti AI come i chatbot per servizi clienti di base e sistemi di gestione del rischio per migliorare la sicurezza. 2023: La sofisticazione dell'AI ha continuato ad avanzare, con l'introduzione dell'AI generativa per compiti più complessi come l'elaborazione di documenti e l'analisi degli investimenti in tempo reale. Quest'anno ha segnato un significativo salto nelle capacità offerte alle banche dalla tecnologia AI. 2024-Stato Attuale: A partire da quest'anno, Banca AI è su una traiettoria ascendente, con ricerche e sviluppi in corso pronti a migliorare ulteriormente le capacità nelle operazioni bancarie. L'esplorazione continua delle applicazioni AI suggerisce sviluppi entusiasmanti in arrivo. Punti Chiave su Banca AI Integrazione dell'AI nella Banca: Banca AI si concentra sull'adozione dell'intelligenza artificiale per snellire i processi bancari e migliorare le esperienze degli utenti. Focus su Automazione e Gestione del Rischio: Il progetto enfatizza fortemente queste aree, mirando a spostare il carico di compiti di routine mentre migliora le strutture di sicurezza attraverso analisi predittive. Soluzioni Bancarie Personalizzate: Sfruttando i dati dei clienti, Banca AI consente servizi bancari su misura che si adattano alle esigenze individuali degli utenti. Impegno per lo Sviluppo: Banca AI rimane impegnata in sforzi di ricerca e sviluppo continuativi, garantendo la sua adattabilità e rilevanza continua man mano che la tecnologia continua a evolversi. Conclusione In sintesi, Banca AI rappresenta un passo cruciale in avanti nell'industria bancaria, sfruttando l'intelligenza artificiale per rimodellare i paradigmi operativi, migliorare la sicurezza e promuovere la soddisfazione del cliente. Nonostante le lacune nelle informazioni riguardo il creatore e gli investitori, gli obiettivi chiari e i meccanismi funzionali di Banca AI forniscono una solida base per la sua continua evoluzione. Mentre la tecnologia AI continua ad avanzare e fondersi con il settore bancario, Banca AI è ben posizionata per avere un impatto significativo sul futuro dei servizi finanziari, migliorando il modo in cui comprendiamo e interagiamo con la banca.

133 Totale visualizzazioniPubblicato il 2024.04.06Aggiornato il 2024.12.03

Come comprare BANK

Benvenuto in HTX.com! Abbiamo reso l'acquisto di Lorenzo Protocol (BANK) semplice e conveniente. Segui la nostra guida passo passo per intraprendere il tuo viaggio nel mondo delle criptovalute.Step 1: Crea il tuo Account HTXUsa la tua email o numero di telefono per registrarti il tuo account gratuito su HTX. Vivi un'esperienza facile e sblocca tutte le funzionalità,Crea il mio accountStep 2: Vai in Acquista crypto e seleziona il tuo metodo di pagamentoCarta di credito/debito: utilizza la tua Visa o Mastercard per acquistare immediatamente Lorenzo ProtocolBANK.Bilancio: Usa i fondi dal bilancio del tuo account HTX per fare trading senza problemi.Terze parti: abbiamo aggiunto metodi di pagamento molto utilizzati come Google Pay e Apple Pay per maggiore comodità.P2P: Fai trading direttamente con altri utenti HTX.Over-the-Counter (OTC): Offriamo servizi su misura e tassi di cambio competitivi per i trader.Step 3: Conserva Lorenzo Protocol (BANK)Dopo aver acquistato Lorenzo Protocol (BANK), conserva nel tuo account HTX. In alternativa, puoi inviare tramite trasferimento blockchain o scambiare per altre criptovalute.Step 4: Scambia Lorenzo Protocol (BANK)Scambia facilmente Lorenzo Protocol (BANK) nel mercato spot di HTX. Accedi al tuo account, seleziona la tua coppia di trading, esegui le tue operazioni e monitora in tempo reale. Offriamo un'esperienza user-friendly sia per chi ha appena iniziato che per i trader più esperti.

727 Totale visualizzazioniPubblicato il 2025.05.09Aggiornato il 2026.06.02

Discussioni

Benvenuto nella Community HTX. Qui puoi rimanere informato sugli ultimi sviluppi della piattaforma e accedere ad approfondimenti esperti sul mercato. Le opinioni degli utenti sul prezzo di BANK BANK sono presentate come di seguito.