Big Banks Execs Lay Out Stablecoin Ambitions in Q2 Earnings Calls

Big banks execs lay out stablecoin ambitions in Q2 earnings calls

Big Banks Reportedly Working On Stablecoins As Congress Approves Regulatory Framework * 100PercentFedUp.com * by Danielle

Several major U.S. banks, including Citibank and Bank of America, are reportedly working on launching stablecoins. The news follows passage […]

JPMorgan says global regulators favor tokenized bank deposits over stablecoins

JPMorgan says regulators outside the US are leaning toward tokenized bank deposits over stablecoins, according to a recent report led by managing director Nikolaos Panigirtzoglou.  Bank of England Governor Andrew Baile recently noted that he would rather banks create a tokenized central bank deposit than a new private stablecoin. According to JPMorgan analysts, this is part of a larger breaking wave of regulation worldwide toward tokenized depos…

Crypto Biz: Wall Street giants bet on stablecoins

Major US banks like JPMorgan, Citigroup, and Bank of America explore stablecoins amid positive regulatory developments. Dive into Wall Street’s stablecoin ambitions, OKX’s USDG adoption and the S&P 500’s performance vs. Bitcoin.