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Crypto

JPMorgan hints at possible in-house stablecoin issuance; customer demand and regulation are variables

JPMorgan has left open the possibility of issuing its own stablecoin in the future. It said it has no current plan to launch one, but could review related options depending on customer demand and changes in the regulatory environment. The bank already operates JPM Coin, a digital deposit token for institutional clients, which it said differs structurally from stablecoins. Interest is growing among U.S. banks in pursuing stablecoin projects, including consortium efforts such as OpenUSD.

Crypto

XRP turns weak after 50 percent surge as banks expand their own payment networks

XRP is losing momentum after a sharp rise, as large banks expand blockchain-based systems that reduce the need to pre-fund cross-border payments without using separate cryptocurrencies. XRP rose 49.4 percent over the past week but fell 2.2 percent over 24 hours. JPMorgan is broadening its Kinexys platform, while Citigroup is linking dollar clearing with token services. Swift is also connecting bank-issued digital deposits, adding competitive pressure.

Finance

Deposit tokens push into payment networks, accelerate capital market overhaul

Deposit-token trials are spreading from payment gateways and merchant networks to cross-border payments, shifting the commercialisation race from issuance to where tokens can be used. Payment and settlement at the same time could cut small merchants’ fees and settlement periods. Inclusive finance is expanding by borrower type as banks tailor products and fintechs support fees. Regulators are weighing tighter limits on single-stock leveraged products. Market reforms also tighten scrutiny of duplicate listings and low-PBR firms.