Banks are warming up to launching their own stablecoins as nonbank companies enter the market; sources: JPMorgan Chase evaluated launching its own stablecoin
THE SO WHAT
When large banks that once fought stablecoins start exploring their own, it’s a sign they see tokenized deposits as a defensive perimeter, not a fad. If you move money cross-border or run fintech infra, plan for a world where major banks issue programmable liabilities that compete directly with existing stablecoins and payment rails.
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