Reuters: Some regional and community banks in the United States are considering establishing independent stablecoin consortia

Odaily Planet Daily News: Some regional and community banks in the United States are considering whether to establish an independent stablecoin consortium. The Wall Street Journal previously reported that companies jointly owned by JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and other large commercial banks are exploring whether to jointly issue a joint stablecoin. However, for small banks, venture capital in the stablecoin field is much more difficult compared to large financial institutions, and establishing an independent stablecoin consortium may allow such banks to participate in the use of stablecoins. (Reuters)