BofA Predicts $75B Stablecoin Surge as Wall Street Embraces Digital Dollars

Bank of America anticipates a dramatic expansion in stablecoin adoption, projecting up to $75 billion in new supply as U.S. financial institutions prepare to enter the market. Regulatory clarity from the recently passed GENIUS Act has accelerated institutional interest, with major banks exploring both direct issuance and consortium-based models.

The legislation, signed by former President Trump, establishes clear guidelines for stablecoin operations within traditional finance. This framework is already driving infrastructure investments and product development across Wall Street. Analysts note the MOVE reflects growing recognition of blockchain's role in modernizing financial systems.

Tokenization initiatives appear to be the primary catalyst, with banks seeking to leverage stablecoins for settlement efficiency and programmable finance applications. The coordinated approach among institutions suggests a strategic shift rather than speculative experimentation.