Wu learned that according to CNBC, Jamie Damon, CEO of JPMorgan Chase, stated during the earnings conference call that although he remains skeptical about the attractiveness of stablecoins, JPMorgan will participate in related businesses including JPMorgan deposit coins and stablecoins due to concerns about the threat of competition in fintech. Citigroup executives also stated on the same day that they are considering issuing Citi stablecoins and are interested in opportunities such as tokenized deposits and cryptocurrency custody. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=45636