The largest banks in the US discuss the launch of a joint stablecoin
American banking giants, including JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and others, are in preliminary talks about creating a joint stablecoin.
The initiative aims to compete with the growing sector of cryptocurrencies and digital payments. The project is supported by Early Warning Services and The Clearing House — key players in the infrastructure of traditional finance in the US.
