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JPMorgan is pushing forward with stablecoin development, even as CEO Jamie Dimon expresses skepticism. The move highlights traditional banks’ scramble to keep pace with fintech innovation amid regulatory shifts. Meanwhile, Standard Chartered predicts stablecoins could reshape U.S. Treasury markets by 2026.
- JPMorgan's stablecoin development contrasts with CEO Jamie Dimon's skepticism about consumer demand for the technology.
- Standard Chartered predicts stablecoins could reach $750B by 2026, potentially reshaping U.S. Treasury bill markets.
- Major banks are exploring shared stablecoin projects while maintaining cautious adoption timelines compared to fintech firms.
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