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Banks' Genius End Run: JPM Coin Revives the Lending Empire While Tech Scrambles for Charters

I will admit, I have been pretty negative on the prospects for banks in the stablecoin battle royale between banks and crypto-native tech companies. While I still believe I’m correct about this for “stablecoins”, JPMorgan Chase just flipped the script on the tech companies with its deposit coin, and it is genius…not to be confused […]