JPMorgan weighs stablecoin as banks rethink digital money
JPMorgan Chase has evaluated launching its own stablecoin as major banks reconsider their approach to blockchain-based money amid growing demand for digital payments and clearer US regulation. The deliberations mark a potential shift for the world’s largest bank by market capitalisation, which has so far concentrated on tokenised bank deposits rather than issuing a conventional stablecoin.…
We haven't written up this one. Arabian Post has the full story — the link below goes straight to it.
