[WSJ: Several large banks in the United States are exploring joint stablecoin projects] According to The Wall Street Journal, major commercial banks such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo are discussing the joint issuance of stablecoins to cope with the rising competition in the encryption industry. Negotiating parties include Zelle payment system operator Early Warning Services and the real-time Payment Network Clearing House.
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WSJ: Several large banks in the U.S. are exploring joint venture stablecoin projects.
[WSJ: Several large banks in the United States are exploring joint stablecoin projects] According to The Wall Street Journal, major commercial banks such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo are discussing the joint issuance of stablecoins to cope with the rising competition in the encryption industry. Negotiating parties include Zelle payment system operator Early Warning Services and the real-time Payment Network Clearing House.