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U.S. Banks Cut Credit Card Approvals by 5% in 2025: Is DeFi the Answer?

26 July 2025 Daily Feed Credit Card Approvals, DeFi, Trump administration, U.S. Banks

U.S. Banks Slash Credit Card Approvals by 5% in Q2 2025: A Push for DeFi? Major U.S. banks have pulled back sharply on new credit card approvals, posting a 5% decline in Q2 of 2025 during Donald Trump’s first full year back in power. Heavyweights like JPMorgan Chase, Citigroup, Capital One, and American Express are […]