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JPMorgan and other Wall Street banks reportedly in joint challenge for Tether’s stablecoin dominance – TON BOT

JPMorgan and other Wall Street banks reportedly in joint challenge for Tether’s stablecoin dominance

Major US banks are reportedly collaborating on a joint stablecoin initiative, signaling a shift in traditional financial institutions’ approach to cryptocurrencies. This development could challenge the dominance of current stablecoin leaders, Tether and Circle. The move highlights the growing importance of stablecoins in the global financial system and could impact the market significantly.


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