FullCrypto
Reading Time: 2 minutesMajor U.S. banks have initiated talks to develop a shared stablecoin for interbank settlements The proposed token would be backed 1:1 with U.S. dollars and built on permissioned blockchain infrastructure JPMorgan’s JPM Coin is not part of the effort but serves as an example of bank-issued digital assets in use today Several of America’s largest banks are in early discussions to launch a consortium-backed stablecoin designed for wholesale payments between financial institutions…
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Banking Giants Exploring Inter-Bank Stablecoin
Mark Hunter
16:22
Reading Time: 2 minutesMajor U.S. banks have initiated talks to develop a shared stablecoin for interbank settlements The proposed token would be backed 1:1 with U.S. dollars and built on permissioned blockchain infrastructure JPMorgan’s JPM Coin is not part of the effort but serves as an example of bank-issued digital assets in use today Several
