"Their coming stablecoin effort is intended to focus on commercial clients, the Journal reported, though use cases could vary by region and include retail markets. It will be dollar-denominated before expanding to other Group of Seven currencies."
If current stablecoin usage patterns are anything to go by, then this is the biggest threat facing BTC adoption thus far because normies will gladly use e-coin that Jamie Dimon and co will give them because it will be a familiar interface with a name they trust. It doesn't make fiat better money but it definitely is normie friendly https://www.wsj.com/finance/banking/these-banks-are-banding-together-to-launch-a-stablecoin-6de07eff
Kudzai Kutukwa
npub123…cwk9x
2026-09-02 03:54:12 UTC
Author Public Key
npub123sfqjpgf54p28yd7cjlgrpcn4pra5zhlnheyldc39td9r3zhgpshcwk9xPublished at
2026-09-02 03:54:12 UTCEvent JSON
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"created_at": 1788321252,
"kind": 1,
"tags": [],
"content": "\"Their coming stablecoin effort is intended to focus on commercial clients, the Journal reported, though use cases could vary by region and include retail markets. It will be dollar-denominated before expanding to other Group of Seven currencies.\"\n\nIf current stablecoin usage patterns are anything to go by, then this is the biggest threat facing BTC adoption thus far because normies will gladly use e-coin that Jamie Dimon and co will give them because it will be a familiar interface with a name they trust. It doesn't make fiat better money but it definitely is normie friendly https://www.wsj.com/finance/banking/these-banks-are-banding-together-to-launch-a-stablecoin-6de07eff",
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}