The Wall Street Journal: Several Major U.S. Banks Discuss Joint Issuance of Stablecoins

According to news from HashKey Chain, the Wall Street Journal reports that major commercial banks such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo are discussing the joint issuance of stablecoins to respond to the rapid growth of the cryptocurrency industry. Discussion parties include Zelle payment system operator Early Warning Services and real-time payment network Clearing House.