Internet reports that Trump 2.0 is spawning a new convergence trend in the financial world: some cryptocurrency companies are considering applying for banking licenses, and some traditional banks are considering issuing their own digital assets. This integration is accelerating as the Trump administration relaxes its supervision of crypto businesses and traditional banking giants. Bank of America said it would be willing to issue its own stablecoins if Congress introduces relevant legislation. Bank of America is the second largest lender in the United States. Brian Moynihan, CEO of the bank, has previously stated: "As long as legislation allows, we will enter stablecoins. This business area."