JPMorgan’s $4T Power Move: Coinbase Deal Bridges Banks & Crypto Wallets Overnight
Wall Street meets Web3 in a seismic shift—JPMorgan just handed Coinbase users the keys to the kingdom.
No more wire transfers, no more waiting. The $4 trillion banking giant is now piping fiat directly into crypto wallets, blurring the line between TradFi and DeFi.
Bankers hate this one trick: Coinbase users can now bypass legacy rails entirely. Instant settlements? Check. Lower fees? Obviously. Regulatory side-eye? Priceless.
One cynic's take: 'Nothing unclogs innovation like a 2008 bailout recipient chasing 24/7 trading revenue.'