Bank of America predicts banks’ onchain transition in coming years
Key Takeaways
- Financial institution of America sees stablecoins and tokenized deposits coming into the regulated banking system underneath new federal charters and guidelines.
- Analysts anticipate last FDIC stablecoin guidelines by July 2026, with full implementation by 2027.
Financial institution of America says US banks are coming into a multi-year transition towards blockchain-based operations, as regulators start laying the groundwork for stablecoins and tokenized deposits.
A Monday report highlights that current OCC approvals for 5 digital asset corporations mark early federal acceptance of crypto custody and stablecoins—offered they meet fiduciary requirements and threat controls.
The FDIC can be anticipated to suggest guidelines this week for permitting its supervised banks to difficulty cost stablecoins by subsidiaries. These guidelines, required underneath the GENIUS Act, should be finalized by July 2026 and take impact by January 2027.
Analysts led by Ebrahim Poonawala say these developments will open the door to regulated onchain funds and real-world asset tokenization throughout the banking sector.
