A Bank of America report states U.S. banks face a multi-year transition toward blockchain operations. Analysts note that regulators are establishing the foundation for integrating stablecoins and tokenized deposits into the mainstream system.
The report cites recent approvals by the Office of the Comptroller of the Currency (OCC) for digital asset firms. These approvals signal early federal acceptance of crypto custody and stablecoins.
The Federal Deposit Insurance Corp (FDIC) is also expected to propose rules permitting supervised banks to issue payment stablecoins. Final regulations are anticipated by mid-2026.