🚹 Major US Banks Plan Their Own Stablecoin!

According to the Wall Street Journal, JPMorgan, Bank of America, Citigroup, and Wells Fargo & Co. are exploring a joint stablecoin project.

Goal: To build an interoperable, cross-bank payment system based on blockchain ⚙⛓

➟ Talks are still in the early stages, but traditional finance giants are taking crypto infrastructure more seriously đŸ’ŒđŸ’»

➟ While they focus on centralization and control 🏩, Bitcoin remains the open and decentralized alternative âš–ïžâ‚ż

➟ The race for the future of money has begun 🏁💰