Jamie Dimon says JPMorgan might build a stablecoin with other banks
Crypto Briefing
JPMorgan CEO Jamie Dimon confirmed the bank is developing a stablecoin, possibly with partners, to stay competitive in digital finance.Summary
Jamie Dimon, CEO of JPMorgan Chase, stated that while the ultimate outcome of stablecoins remains uncertain, the bank is actively engaging with the technology rather than ignoring it. JPMorgan is currently developing its own stablecoin and is considering building one in collaboration with other banks. Dimon noted that the bank already utilizes a blockchain-based deposit coin that can pay interest. He emphasized that JPMorgan pursues frontier technologies like stablecoins and AI across all business units to ensure they are prepared to "win in the future," regardless of his personal opinions on specific assets like Bitcoin.
(Source：Crypto Briefing)