JPMORGAN CHASE RECENTLY EVALUATED PURSUING ITS OWN STABLECOIN: WSJ
· 138K Views
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JPMORGAN CHASE RECENTLY EVALUATED PURSUING ITS OWN STABLECOIN: WSJ
· 138K Views
@DeItaone OMFG CRYPTO INNOVATION AT ITS FINEST TIME TO BUY THE DIP x.com/_sprotisma_/status/20926…
honestly the funniest part of a JPMorgan stablecoin is that it’s the most banker move imaginable. a stablecoin is just a dollar you deposit that pays you zero while the issuer earns the interest on it. that’s not crypto disrupting banks, that’s a bank inventing a deposit it doesn’t have to pay you for my read: this is why every big institution suddenly loves stablecoins. Tether basically proved you can hold billions in customer dollars, keep the yield, and hand back a token. of course JPMorgan wants that, it’s a checking account where the bank keeps your interest and you thank them for it i actually think they’ll do it. but let’s call it what it is, not a revolution, just the oldest bank trick with a blockchain wrapper so it sounds new
@DeItaone Jpmorgan entering the crypto market. 💀 x.com/MrWhale1000x/status/2092…
JPMorgan exploring its own stablecoin would be another major signal that digital dollars are moving deeper into traditional finance. 🏦⛓️ JPMorgan already has serious blockchain scale: 💰 $3T+ processed through Kinexys since inception ⚡ $5B+ average daily transaction volume 🪙 JPM Coin (JPMD) already enables institutional USD payments on Base 🕒 Near-instant, 24/7 blockchain settlement 🏦 JPMD is a bank deposit token — not a traditional stablecoin If JPMorgan eventually adds a true stablecoin alongside JPMD, one of the world’s largest banks would effectively be operating multiple forms of programmable digital dollars. The line between traditional banking and blockchain finance keeps getting thinner.
@DeItaone JPM Coin went live in 2019, so "evaluating" is a weird headline. Real question is whether they'd issue a retail stablecoin and take Tether/Circle head on. Can't see Dimon doing that without the Fed handing him a rulebook first. You think this is more than Onyx PR?
@DeItaone Nvidia investing in stablecoin infrastructure would be one thing. Investing in the power needed to run AI data centers shows how far ahead the company is thinking. ⚡️🤖
@DeItaone The 10+ GW pipeline is the part that stands out. Nvidia clearly sees electricity as one of the biggest constraints on future AI growth.
@DeItaone Nvidia is increasingly looking beyond GPUs. Power, land and data-center capacity are becoming strategic assets in the AI race.
@DeItaone AI infrastructure is becoming an energy infrastructure story. Securing reliable power could give Nvidia another major advantage.
@DeItaone This makes sense strategically. You can have all the GPUs in the world, but they still need enormous amounts of reliable electricity to operate.
@DeItaone Nvidia investing in power developers tells you the AI boom isn't just about chips anymore. The race for electricity is getting serious. ⚡️
@DeItaone JPMorgan building its own stablecoin is bold. They're clearly trying to corner the institutional digital asset market before anyone else gets serious about it.
@DeItaone tbh they just want that tether yield, classic banker move
@DeItaone A stablecoin is a special type of crypto coin. It’s designed to stay worth $1. So if the dollar rises or falls against other currencies, the stablecoin moves with it. But against the dollar itself, it stays steady at $1 no wild swings like other crypto's.
@DeItaone Theyve been saying this for like 10 years now lol stop with the fud