JPMorgan Doubles Down on Crypto with ‘JPMD’ Trademark—Stablecoin Next?
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JPMorgan Chase is making another big crypto play. The banking titan has filed for a “JPMD” trademark, covering everything from crypto payments to digital asset clearing—a strong hint that a stablecoin could be imminent.
This follows a Wall Street Journal report revealing that JPMorgan, Bank of America, and Wells Fargo are in talks to launch a shared stablecoin, directly challenging Tether (USDT) and USD Coin (USDC). If successful, this could revolutionize cross-border payments and institutional crypto adoption.
Despite Jamie Dimon’s infamous Bitcoin skepticism, his embrace of blockchain suggests JPMorgan is serious about dominating the future of digital finance.
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