PANews May 23 news, according to Reuters, some regional banks and community banks in the United States are considering whether to establish an independent stablecoin consortium. (The Wall Street Journal) previously reported that a company jointly owned by JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and other large commercial banks is exploring whether to jointly issue a unified stablecoin. However, for smaller banks, it is much more challenging to engage in stablecoin investments compared to large financial institutions, and establishing an independent stablecoin consortium may allow such banks to participate in the use of stablecoins.