Banks Fought Stablecoins For Years, JPMorgan Now Evaluates Its Own: 'We Would Evaluate All Options'
JPMorgan weighs a stablecoin as major banks shift from resisting the technology to building their own blockchain-based payment products.
JPMorgan is thinking about making its own stablecoin—a digital money that banks used to say no to, but now many want to create. This shows that big banks are changing their minds and seeing this new technology as worth exploring instead of fighting against it.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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