JPMorgan Chase Considering Launch of New Stablecoin As Rival Big Banks Build Dollar-Pegged Token: Report
JPMorgan Chase is now reviewing whether to launch its own stablecoin. The bank is doing that work on a separate track from a group of 21 banks and financial firms that plan to build a dollar stablecoin for business payments across borders, reports The Wall Street Journal. That group includes Bank of America, Wells Fargo, Citigroup,
