[JPMorgan CEO Warns: If Stablecoins Offer Interest Similar to Bank Deposits, They Could Ultimately 'Blow Up'] BlockBeats News, May 31 — JPMorgan CEO Jamie Dimon issued a warning regarding the U.S. crypto market structure bill, the 'CLARITY Act,' stating that if stablecoin issuers are allowed to provide returns to users in a manner similar to bank deposit interest, the model could ultimately 'blow up.' Dimon noted that the bill permits crypto companies to offer returns akin to deposit interest through stablecoin accounts without adequate regulatory safeguards, a practice that the banking industry would not accept. He remarked, 'I am not concerned about stablecoins themselves, but if this happens, I will not participate, and it will eventually blow up.' The 'CLARITY Act' aims to establish a clear regulatory framework for the U.S. crypto industry and delineate the responsibilities of regulatory agencies. Previously, Patrick Witt, Executive Director of the U.S. Digital Asset Advisory Council, stated that the Trump administration plans to push for the bill's passage by July 4. However, Polymarket data shows that the probability of the 'CLARITY Act' passing by 2026 has dropped from nearly 70% to slightly above 50%. [Original Link]