Jamie Dimon Confirms JPMorgan Chase's Deployment of Stablecoins and Crypto Market
Powered by ChatGPTOn July 16 (UTC+8), JPMorgan Chase CEO Jamie Dimon stated on an earnings call that while he personally "doesn't care" for the appeal of stablecoins, the crypto and fintech industries have become too large to ignore, and JPMorgan Chase will actively participate in them. He revealed that JPMorgan Chase will promote the JPMorgan Deposit Coin and stablecoin projects to enhance understanding and competitiveness. Last month, JPMorgan Chase applied for trademark registration for its own stablecoin, JPMD. At the same time, the U.S. House of Representatives is reviewing the "GENIUS Stablecoin Act," which may bring a unified framework to the industry. Dimon emphasized, "The best way to stay vigilant is to get involved yourself." (Source: Watcher.Guru) [MetaEra]