<ul><li>Major US banks including JPMorgan and Bank of America are considering a joint stablecoin launch to compete with digital assets.</li><li>Legislation like the GENIUS Act is facilitating the expansion of regulated stablecoins, with the bill moving closer to enactment.</li><li>Stablecoins are expected to dominate by 2030, prompting banks to accelerate their digital modernization efforts to remain competitive in the changing landscape.</li><li>The move by large banks into digital currency is aimed at staying relevant in the evolving crypto-financial ecosystem, with regulatory changes and customer demands driving the shift.</li></ul>

JPMorgan, BofA Plan Stablecoin Collaboration

Discover more