AB Kuai.Dong|May 30, 2026 01:39
The business war has officially started. The CEO of the largest U.S. investment bank, JPMorgan Chase, accused the boss of North America's largest cryptocurrency exchange, Coinbase, of talking nonsense.
He believes that the upcoming U.S. clarity bill, supported by this group, which demands allowing crypto companies to pay interest on stablecoin deposits for users, is extremely risky and unacceptable to any bank.
So the current situation is that the banking side is overwhelmingly against stablecoins offering interest or returns on exchanges...
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