Major banks, including JPMorgan, Bank of America, Citigroup, and Wells Fargo, are in early talks to develop a joint stablecoin. PayPal's José Fernandez da Ponte stressed that banks are essential ...

Major U.S. banks are exploring a joint stablecoin initiative to counter rising competition from crypto ... JPMorgan, Bank of America, Citigroup, and Wells Fargo are in early talks about the ...

According to multiple reports, JPMorgan Chase, the world’s largest bank by assets, has filed a trademark for “JPMD.” The ...

Traditional banks are following suit with JPMorgan, Bank of America, Citigroup, and Wells Fargo reportedly exploring joint stablecoin projects. ‘Bolt Connect’: Marketplace Revolution Through ...

By May, Bitcoin hit another all-time high above $111,000 and the country’s top banks—JP Morgan, Bank of America, Citi, and Wells Fargo—announced a joint stablecoin initiative, showing a 180 ...

The bank is also weighing a tokenized deposit system to make payments more efficient, as regulatory clarity and pending legislation accelerate stablecoin adoption.