Imagine 💡
A common stablecoin backed by the most important banks in the United States 🇺🇸
JPMorgan Chase and Bank of America, along with several banks that have not yet been disclosed, are currently in talks to issue a unified stablecoin backed 1:1 and under the supervision of the Federal Reserve.
🔀 Traditional banks are transitioning from skeptics and opponents of cryptocurrencies to supporters and providers of infrastructure for Web3.
🔥 This unites Centralized Finance (CeFi) and Decentralized Finance (DeFi). This drives the field towards more brilliance and trust.