Jamie Dimon Doubles Down: JPMorgan Ramps Up Stablecoin Game in 2025

Wall Street's love-hate affair with crypto takes another turn—this time with Jamie Dimon playing both sides.

JPMorgan Chase CEO Jamie Dimon—once Bitcoin's loudest critic—just greenlit deeper stablecoin integration. The banking giant's blockchain pivot accelerates as regulators finally stop pretending they understand DeFi.

Why now? Because nothing motivates banks like FOMO on fees they can't control.

The move comes as Tether's $100B+ market cap proves even skeptics will embrace dollar-pegged tokens—as long as the profits outweigh the compliance headaches.

Dimon's latest chess move: deploying JPM Coin where it hurts competitors most. Next target? The $7T cross-border payments market that still runs on SWIFT's 1970s infrastructure.

One hedge fund manager quipped: 'When Jamie talks blockchain, check your wallet—and your privacy settings.'