GuShiio.com Brian Moynihan, CEO of Bank of America (BofA), said that the financial services industry is about to enter the crypto economy and stablecoin business will come soon. A stablecoin is a digital asset similar to Bitcoin, but backed by U.S. dollars and is equivalent to a money market fund or bank account with check access. Moynihan said this means Bank of America may soon offer BofA tokens linked to U.S. dollar deposit accounts.（Fortune）
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