LATEST: 🏦 JPMorgan recently evaluated launching its own stablecoin, while Bank of America, Wells Fargo and Santander are exploring a global bank-backed stablecoin venture, per the WSJ. https://t.co/CpbXFnyYRi ...

JUST IN: 🇺🇸 Bank of America, Wells Fargo, Santander & over a dozen major banks move forward with plans to launch a crypto stablecoin. ...

LATEST: @JPMorgan evaluates launching its own stablecoin, while a group including @BankofAmerica, @WellsFargo and @bancosantander moves forward on a cross-border stablecoin venture, per WSJ. https://t.co/atjhX8gprV ...

JPMorgan could rival RLUSD, USDT, and USDC Stablecoins@JPMorgan, @BankofAmerica, @WellsFargo, and Santander are exploring bringing digital dollar settlement directly into the regulated banking perimeter.The move, according to the WSJ report, marks a clear break from past lobbying as executives try to address growing competition from non-banking institutions while tapping the $320B stablecoin market.JP Morgan is also working on its own stand-alone stablecoin that will coexist with its Kinexys payment network ...