JP Morgan Stablecoin Could Mean Faster, Cheaper Settlements

Too Long; Didn't Read

When JP Morgan announced the launch of its very own <a href="https://www.google.com/search?q=jp+morgan+stable+coin+hacker+noon&amp;rlz=1C5CHFA_enVN829VN829&amp;oq=jp+morgan+stable+coin+hacker+noon&amp;aqs=chrome..69i57j69i60l2.8940j0j4&amp;sourceid=chrome&amp;ie=UTF-8" target="_blank">stablecoin</a>, the industry was somewhat shocked. Was this not the big bank that loathed cryptocurrencies? The move got people excited, both in traditional banking and in the crypto community. But is the JPM Coin really as big a deal as everyone seems to think it is.