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Bank of America

Bank of America Predicts PayPal’s Stablecoin Unlikely to Be Used Widely Anytime Soon
Video
Paypal
Bank of America Predicts PayPal’s Stablecoin Unlikely to Be Used Widely Anytime Soon
The launch of PayPal’s (PYPL) stablecoin PayPal USD (PYUSD) will drive payments efficiencies and an improved customer experience, but adoption of the cryptocurrency is unlikel...
Bank of America Predicts PayPal’s Stablecoin Unlikely to Be Used Widely Anytime Soon
By CoinDesk Staff
Aug 11, 2023 at 5:05 p.m. UTC
Aug 11, 2023
PayPalcdtvStablecoinHash clipBank of AmericaPaypal usdPyusdBofa
Bank of America doesn't believe PayPal's new stablecoin will gain widespread adoption in the near future. (Shutterstock)
Finance
Paypal
PayPal’s Stablecoin Not Likely to Be Used Widely Anytime Soon: Bank of America
Longer term, the bank sees much more competition for the token.
Bank of America doesn't believe PayPal's new stablecoin will gain widespread adoption in the near future. (Shutterstock)
By Will Canny
Aug 11, 2023 at 11:02 a.m. UTC
Aug 11, 2023
PayPalBank of AmericaStablecoin
Coinbase CEO Brian Armstrong (CoinDesk archives)
Finance
Coinbase
Coinbase CEO Brian Armstrong Asks Twitter Followers if Their BofA Accounts Were Closed Because of Crypto Transactions
The Coinbase CEO created a Twitter poll posing the question, and a whopping 9% of respondents said “yes.”
Coinbase CEO Brian Armstrong (CoinDesk archives)
By Helene Braun
Jul 13, 2023 at 4:23 p.m. UTC
Jul 13, 2023
CoinbaseBank of America
Person overlaid with blockchain abstract image
Mercados
Bank of america
Es probable que la tokenización transforme la infraestructura y los mercados financieros, según Bank of America
La implementación de la tecnología blockchain se acelerará a medida que aumente el costo de oportunidad de las eficiencias no capturadas, según el informe del Bank of America....
Person overlaid with blockchain abstract image
By Will Canny
Jun 29, 2023 at 4:03 p.m. UTC
Jun 29, 2023
Bank of AmericatokenTendencias IndustriaSpanish
Bank of America (Taylor Simpson/Unsplash)
Mercados
Spanish
La incertidumbre regulatoria del mercado cripto está opacando el desarrollo blockchain, según Bank of America
El banco dijo que espera que la infraestructura blockchain y la tokenización transformen la infraestructura y los mercados financieros y no financieros en los próximos cinco a...
Bank of America (Taylor Simpson/Unsplash)
By Will Canny
Jun 20, 2023 at 6:30 p.m. UTC
Jun 20, 2023
SpanishBank of America
Bank of America (Taylor Simpson/Unsplash)
Markets
Bank of america
Crypto Market Near-Term Upside Is Likely Capped: Bank of America
The bank expects digital asset trading volumes to remain subdued, with retail investors remaining on the sidelines.
Bank of America (Taylor Simpson/Unsplash)
By Will Canny
May 23, 2023 at 8:51 a.m. UTC
May 23, 2023
Bank of AmericaBitcoincrypto market
Bank of America (Taylor Simpson/Unsplash)
Finance
Tokenization
Tokenization of Real-World Assets a Key Driver of Digital Asset Adoption: Bank of America
The tokenized gold market reached over $1 billion in value last month, the report said.
Bank of America (Taylor Simpson/Unsplash)
By Will Canny
Apr 14, 2023 at 9:10 a.m. UTC
Apr 14, 2023
TokenizationTokenized AssetsGoldBank of America
(Dimitri Wittmann/Pixabay)
Markets
Ethereum
Here Is What Institutions Are Saying About Ethereum's Shanghai Upgrade
The upgrade, scheduled for later Wednesday, will enable validators to withdraw staked ether.
(Dimitri Wittmann/Pixabay)
By Will Canny
Apr 12, 2023 at 9:58 a.m. UTC
Apr 12, 2023
EthereumUpgradeJP MorganBank of America
Bank of America (Taylor Simpson/Unsplash)
Finance
Bank of america
Ethereum’s Shanghai Upgrade Only a Small Step Forward: Bank of America
The blockchain’s likely inability to increase throughput in the short term and increasing competition from alternative networks will constrain its adoption and usage, the repo...
Bank of America (Taylor Simpson/Unsplash)
By Will Canny
Apr 12, 2023 at 6:48 a.m. UTC
Apr 12, 2023
Bank of AmericaEthereumShanghai upgrade
The Near platform needs to do more to attract new users, Bank of America said. (Zack Seward/CoinDesk)
Technology
Technology
Next Evolution of Blockchain Software Has Only Just Begun: Bank of America
Platforms like Near, Polkadot and Cardano are using new approaches to improve the trade-off between scalability, decentralization and security, a report from the bank said.
The Near platform needs to do more to attract new users, Bank of America said. (Zack Seward/CoinDesk)
By Will Canny
Mar 23, 2023 at 11:02 a.m. UTC
Mar 23, 2023
TechnologyBlockchain DevelopmentBlockchainsNearBank of America