News

Companies owned by JPMorgan, Bank of America, Citigroup, and Wells Fargo are considering launching a joint stablecoin.
Moody's Ratings on Monday downgraded the deposit ratings at some units of megabanks JPMorgan Chase (JPM), Wells Fargo (WFC) ...
Wall Street’s biggest players are making moves that could change stablecoins for good. According to a report from The Wall ...
Major United States (US) banks, including JPMorgan Chase, Bank of America, Citigroup and Wells Fargo, are eyeing a joint stablecoin venture amid a potential seismic shift in crypto regulations ...
Such a stablecoin, potentially open to other banks, aims to improve transaction speeds and efficiency while fending off ...
Moody’s Ratings on Monday downgraded the long-term ratings of several of America’s largest banks, including JPMorgan Chase & ...
The conversations have so far involved companies co-owned by JPMorgan Chase, Bank of America, Citigroup, Wells Fargo and ...
According to people familiar with the matter, WSJ said, these firms are considering whether to collaborate on a unified ...
Moody’s Ratings has downgraded the deposit ratings of major U.S. banks, including Bank of America Corporation (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), and Wells Fargo & Company (NYSE:WFC), ...
Key Takeaways Major U.S. banks are collaborating to develop a regulated, dollar-backed stablecoin.The project hinges on the GENIUS Act, which lays the legal gro ...