The Next Phase of Fintech | Big Banks Move Toward Stablecoins

In a move that could redefine the future of payments, a consortium of the largest U.S. banks—including JPMorgan Chase, Bank of America, Citi, and Wells Fargo—is exploring the creation of a joint stablecoin. The initiative, still in its early stages, is a direct response to the growing competitive threat from crypto-native payment systems and Big Tech entrants.

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