JPMorgan, Bank of America, Wells Fargo, and Santander are forming a global stablecoin consortium, with JPMorgan also exploring a standalone stablecoin launch.
DeFi & Yields ·
JPMorgan, Bank of America, Wells Fargo, and Santander are advancing a global stablecoin consortium initiative, according to reporting from the Wall Street Journal. Separately, JPMorgan has also examined the possibility of launching its own stablecoin independent of the consortium effort.