According to Odaily Planet Daily, some regional and community banks in the United States are considering the establishment of an independent stablecoin consortium. (The Wall Street Journal) reported that large banks such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo are exploring the joint issuance of stablecoins. For smaller banks, participating in the stablecoin sector can be challenging due to the risks involved, and forming an independent consortium may make it easier for these banks to utilize stablecoins.