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by: xpoolPosted on: May 26, 2025

US Bank Collaboration Looms: Major Players Forge a Joint Stablecoin Venture

A group of leading U.S. banks, including JPMorgan Chase, Wells Fargo, Bank of America, and Citigroup, are reportedly in the early stages of discussions regarding a joint stablecoin initiative. Sources familiar with the matter indicate these financial giants are exploring launching a dollar-backed asset that aims to challenge existing players in the rapidly evolving digital payments landscape.

Related posts:

  1. Stablecoin Market Reaches $234 Billion: Major US Treasury Holders
  2. Stablecoin Market Booms to $227 Billion, Poised for Exponential Growth
  3. US Banks Team Up to Develop Stablecoin Initiative Amidst Crypto Competition
  4. Will $2 Trillion in Stablecoin Demand Drive U.S. Treasury Growth?
Banks Finance Stablecoins

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