Jamie Dimon Doubles Down: JPMorgan Accelerates Stablecoin Push in 2025
Wall Street's love-hate affair with crypto takes another turn—this time with Jamie Dimon playing both sides.
The JPMorgan CEO, who once called Bitcoin 'worthless,' now steers the banking giant deeper into stablecoins. Because nothing says 'regulatory compliance' like a trillion-dollar bank minting its own digital dollars.
Why the pivot? Three letters: CBDC FOMO. As central banks drag their feet, private stablecoins are eating their lunch—and Dimon wants a seat at the table.
One cynical take? This reeks of 'if you can't beat 'em, tokenize the dollar and charge settlement fees.' Classic Jamie.