Bank of America Corporation
One of the largest US banks by deposits, whose chief executive argued in January 2026 that interest-bearing stablecoins could displace as much as $6tn of them, and which is a founding participant in the tokenized deposit network due from The Clearing House's owners by the first half of 2027.
The profile
Among the largest US banks by deposits, and a founding participant in the shared tokenized deposit network being built with JPMorgan, Citi and other owners of The Clearing House for launch by the first half of 2027. Its chief executive argued in January 2026 that interest-bearing stablecoins could move as much as $6tn out of bank deposits and raise borrowing costs. The bank's stated position is that tokenisation should extend deposit money inside the banking system rather than displace it.
Products and services
- Tokenized deposit network (with The Clearing House)
- Shared bank-operated ledger for tokenized dollar deposits, co-founded with JPMorgan and Citi and targeted for launch by 2027.
No development naming Bank of America Corporation has yet been filed against a primary source. The register entry stands so the institution, its jurisdiction and its products are on the record.