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Bank of America CEO Brian Moynihan says the company is keen on rolling out its stablecoin in the future

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Summary
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63% Informative

Bank of America CEO Brian Moynihan says his company is keen on launching its stablecoin offering for consumers in the near future.

The financial institution wants the govenment to formally approve stablecoins as a legal asset before it wades in.

BoA is expected to be a direct competitor to Circle and Tether , issuers of top stablecoins.

VR Score

48

Informative language

40

Neutral language

54

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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