Bank of America does not have a stablecoin. Moynihan, the bank's CEO, said in February 2025 that "if they make that legal, we will go into that business," and on the bank's July 2025 earnings call said "we've done a lot of work," but no product, ticker, chain or launch date has been announced.
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This article collects only what Bank of America executives have said on the record, each statement linked to the report or transcript that carries it. It does not predict a launch. Where later reporting describes bank-industry projects that include Bank of America, that reporting is labelled as such. For live bank token products, see Kinexys and JPM Coin and Citi Token Services.
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No. Bank of America has not issued a stablecoin or a public deposit token. Moynihan has said the bank would enter the business once U.S. law allowed it and that preparatory work was done, but the bank has published no product details, ticker, blockchain or launch date.
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That puts Bank of America behind its two closest peers on live products. J.P. Morgan opened its JPMD deposit token on Base to institutional clients in November 2025, and Citi has run tokenized deposits commercially since October 2024. Bank of America's public position, as stated by Moynihan, has been to wait for legal clarity and clearer client demand.
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Moynihan first addressed it publicly in February 2025 at the Economic Club of Washington, saying the bank would enter the business if it became legal and describing a dollar-backed "Bank of America coin." In July 2025 he said the bank had done a lot of work but that client demand was still unclear.
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At the Economic Club of Washington, in conversation with David Rubenstein, Moynihan said, as reported by CoinDesk on February 26, 2025:
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"It's pretty clear there's going to be a stablecoin, which is going to be fully dollar-backed, [..] so you'll have a Bank of America coin and a U.S. Dollar deposit and we'll be able to move them back and forth because now it hasn't been legal for us to do it but it's just like another foreign currency." Brian Moynihan, via CoinDesk.

The comparison to a foreign currency is the useful detail. Moynihan described a token sitting next to a normal deposit, convertible back and forth, rather than a separate product line. That is closer to a tokenized deposit than to a third-party reserve-backed coin.
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On the second-quarter 2025 call on July 16, 2025, Moynihan said the bank and the industry "will have responses" and that the bank had done a lot of work, while adding that clients were not yet pressing for it. He compared the effort to the industry's move from checks to Zelle and stressed that networks are needed.
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CoinDesk's call report quotes him saying: "We feel both the industry and ourselves will have responses. We've done a lot of work." He added, per the same report, "We are still trying to figure out how big or small it is, because in some places there are not big amounts of money movement."
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Banking Dive's account of the same call adds three more lines from Moynihan: "You need networks to make this all work," "We'll be there, just like we were there when we moved from checks to Zelle," and "Clients aren't knocking on our door and saying please give me this right now." The Zelle comparison matters because Zelle is a bank-owned shared network, which points to a multi-bank approach rather than a single-bank coin.
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On the fourth-quarter 2025 call in January 2026, Moynihan warned that, based on Treasury studies, up to $6 trillion of deposits could move, per Yahoo Finance reporting, from banks into stablecoins if they were allowed to pay yield. He argued that would reduce banks' lending capacity, hurting small and medium-sized businesses most.
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Moynihan's words, as reported by Yahoo Finance from the January 14, 2026 call: "if you look at some studies, I think, were done by treasury is that they say you can see upwards of $6 trillion in deposits flow off the liabilities of a banking system … into the stablecoin environment." He continued: "That takes lending capacity out of the system."
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The Block's report on the same call quotes him explaining the funding cost: "If you take out deposits, they're either not going to be able to loan or they're going to have to get wholesale funding, and that wholesale funding will come at a cost." The $6 trillion figure is Moynihan citing Treasury studies (Yahoo Finance), not a Bank of America forecast.
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Bank of America's on-record stablecoin statements span February 2025 to January 2026, all from Brian Moynihan. They move from conditional intent, to confirmed preparatory work, to public concern about yield-bearing stablecoins drawing deposits away from banks.
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CoinDesk published its Economic Club report on February 26, 2025. No other Bank of America executive has been directly quoted on stablecoin plans in the primary reports reviewed for this article.
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Reporting in September 2026 lists Bank of America among 21 banks backing a planned dollar stablecoin company, to be set up by end of 2026 with a launch targeted for the first half of 2027. No Bank of America executive was quoted by name about it in that report.
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According to Banking Dive on September 1, 2026, the group includes Bank of America, Wells Fargo, Citigroup, Goldman Sachs, PNC, Capital One, UBS, Deutsche Bank and MUFG among others, and the company name was to be announced later. This is consistent with Moynihan's July 2025 remark that "you need networks," but it is a reported industry project, not a Bank of America product announcement. Treat launch dates as the consortium's stated targets only.
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Bank of America has not disclosed whether any token would be a standalone stablecoin or a tokenized deposit, which blockchain it would use, whether retail customers could hold it, or how it would relate to the joint bank project. Every one of those details remains unannounced.

No. The bank has no live stablecoin or public deposit token.
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That the bank would enter the business "if they make that legal" (CoinDesk, Feb 2025) and that "we've done a lot of work" (CoinDesk, Jul 2025).
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Moynihan's citation of Treasury studies on deposits that could move into stablecoins, from the January 2026 call.
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JPM Coin is live; J.P. Morgan opened JPMD on Base in November 2025. Bank of America has no live equivalent. See What Is Kinexys?
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Only direct, attributed statements by Bank of America executives are quoted, each linked to the news report that carries it. Paraphrase in those reports was not used as a quote.