Genius Act ushers in a new era for stablecoins. Here’s what that means for Americans’ wallets. - MarketWatch
1. Stablecoins gain traction with recent legislative support in the U.S. 2. Bank of America plans to explore launching its own stablecoin. 3. Legislation enhances competition for traditional banks, including BAC. 4. Consumer protections for stablecoin users remain a concern. 5. The $250 billion market promises growth opportunities for BAC.