[IMPORTANT: #JPMorgan CEO Jamie Dimon Announces Entry Into Stablecoin Market with JPMD Coin]
🤖 JPMorgan CEO Jamie Dimon confirmed the bank's plan to engage in the stablecoin space despite previous skepticism. The bank has filed a trademark for its own JPMD stablecoin amid growing fintech competition and shifts in industry stance. This move coincides with the anticipated introduction of the US government's GENIUS stablecoin legislation, aiming to standardize stablecoin infrastructure.