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Morning Edition · Thursday, August 27, 2026Published at 1:48 AM EDT · New York
JPMorgan Weighed Its Own Stablecoin as State Banks Build a Shared Blockchain
The bank says it has no plans to issue one, while 39 state banking groups work on a network for digital payment products and Visa tests issuance with South Korea's Shinhan.
JPMorgan recently evaluated launching its own stablecoin, according to a Wall Street Journal report carried on the wire services. The discussions were preliminary. A bank spokesperson said JPMorgan has no plans to issue a stablecoin and wil…
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Race to Bank and Distribute Stablecoin Reserves
Over 3-6 months, established financial and payments firms compete to custody stablecoin reserves and embed stablecoin rails into cross-border settlement, institutionalizing the plumbing beneath stablecoins.
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