🚨WALL STREET #GIANTS PLAN JOINT #STABLECOIN TO COUNTER CRYPTO RIVALS
🔹#JPMorgan , BofA, #Citi bank, Wells Fargo consider launching a joint stablecoin.
🔹Aim: Counter rising crypto dominance, especially under Trump’s pro-crypto stance.
🔹Involves Zelle operator (Early Warning) and Clearing House real-time network.
🔹Banks #fear losing payment market share to private crypto platforms.
🔹Move signals mainstream finance’s shift toward blockchain-powered solutions.
-WSJ