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JPMorgan Chase is weighing the launch of its own stablecoin to complement its existing JPM Coin product
This move comes as more than a dozen major banks explore forming a global stablecoin alliance. Unlike existing tokenized deposit products like JPM Coin, stablecoins can circulate more freely across wallets, applications, exchanges, and blockchains, indicating that JPMorgan Chase sees different use cases for the two.
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