Although CEO Jamie Dimon considered Bitcoin a fraud, the majority of US bank will step into the cryptocurrency space with the introduction of JPM Coin. At present, it seems like JPM Coin will operate as a centralized
The report claims that:
‘Currently, stable coins issued by banks are designated to serve a specific purpose. As a result, do not directly compete with the existing stable coins.’
Ripple might be in danger!!
Moreover, banks already are