Latest News and Articles about Yield-Bearing Stablecoins
JPMorgan CFO Blasts Yield-Bearing Stablecoins Amid GENIUS Act Regulatory Clash
JPMorgan CFO Slams Yield-Bearing Stablecoins as GENIUS Act Stirs Regulatory Storm Jeremy Barnum, CFO of JPMorgan Chase, has thrown a grenade into the ongoing clash between traditional finance and decentralized innovation, branding yield-bearing stablecoins as a severe threat to the banking system. With the U.S. Congress wrestling over the GENIUS Act—a bill meant to regulate […]
Read MoreBig Banks Panic Over Yield-Bearing Stablecoins: Innovate or Lose to Blockchain Disruption
Why Big Banks Fear Yield-Bearing Stablecoins and Must Innovate or Get Left Behind U.S. banks are up in arms over yield-bearing stablecoins, sounding the alarm about financial stability while clutching their $200 billion annual revenue from swipe fees and low-yield deposits. But let’s call this what it is: a desperate attempt to protect their turf […]
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