According to @AltcoinGordon, Bank of America is actively developing its own stablecoin, marking a significant move toward mainstream financial institutions embracing cryptocurrency. This development indicates increased institutional trust in blockchain technology and could accelerate the integration of digital assets into traditional banking. For traders, this news signals potential growth in stablecoin trading volumes and increased liquidity across major crypto markets, particularly for US dollar-pegged assets (source: @AltcoinGordon, June 13, 2025).