JPMorgan Advances Stablecoin Projects Despite CEO’s Reservations Amid Industry-Wide Push
JPMorgan Chase is moving forward with stablecoin initiatives, even as CEO Jamie Dimon remains skeptical about their broad appeal and necessity. In the latest quarterly earnings call, Dimon acknowledged JPMorgan's intent to engage in stablecoin development to keep pace with fintech rivals expanding in digital payments. “We’re going to be ...