Bank of America says stablecoin adoption and CBDC is ‘inevitable’ By

It appears that the U.S. will finally be moving forward to create its own central bank digital currency (CBDC) according to the Bank of America (NYSE:).

Bank of America crypto strategists Andrew Moss and Alkesh Shah wrote in a Jan. 24 note that CBDCs “are an inevitable evolution of today’s electronic currencies,” according to a Bloomberg report. The analysts wrote:

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