JPMorgan CFO warns yield-bearing stablecoins threaten banks as GENIUS Act debate intensifies

The CFO of JPMorgan Chase, Jeremy Barnum, has expressed concerns over yield-bearing stablecoins as a threat to the traditional banking system. Some interpret this as him calling for regulation through the GENIUS Act, marking a new confrontation in the longstanding battle between traditional and decentralized finance. The war between traditional and decentralized finance has reached […]

Visit Website