Bank of America predicts banks’ onchain transition in coming years
Bank of America anticipates US banks will transition to blockchain operations, driven by forthcoming stablecoin and tokenized deposit regulations.Summary
Bank of America predicts that US banks are entering a multi-year transition toward blockchain-based operations, as regulators establish frameworks for stablecoins and tokenized deposits. Recent approvals by the OCC for five digital asset firms signal early federal acceptance of crypto custody and stablecoins, contingent upon meeting fiduciary standards. Furthermore, the FDIC is expected to propose rules this week allowing supervised banks to issue payment stablecoins via subsidiaries. Analysts, led by Ebrahim Poonawala, suggest these regulatory developments will pave the way for regulated onchain payments and the tokenization of real-world assets across the banking sector, with final FDIC rules anticipated by July 2026 and full implementation by January 2027.
(Source：Crypto Briefing)