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Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/banking/ crypto-stablecoin-big-banks-a841059e 1. exclusive 2. Banking Big Banks Explore Venturing Into Crypto World Together With Joint Stablecoin The discussions involve payments companies co-owned by JPMorgan Chase, other large banks By Gina Heeb and Justin Baer Share Resize --------------------------------------------------------------------- Listen (2 min) President Trump has a long history of cashing in on his personal brand, but to many in the crypto world, his meme coin venture might be his most naked and predatory money grab yet. Photo Illustration: Alexander Hotz The nation's biggest banks are exploring whether to team up to issue a joint stablecoin, a step intended to fend off escalating competition from the cryptocurrency industry. The conversations have so far involved companies co-owned by JPMorgan Chase JPM 0.02%increase; green up pointing triangle, Bank of America BAC -0.25%decrease; red down pointing triangle, Citigroup C -0.45% decrease; red down pointing triangle, Wells Fargo WFC -0.76%decrease; red down pointing triangle and other large commercial banks, according to people familiar with the matter. Those include Early Warning Services, the operator of the peer-to-peer payment system Zelle, and the Clearing House, the real-time payment network. Copyright (c)2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 --------------------------------------------------------------------- Videos --------------------------------------------------------------------- Most Popular News --------------------------------------------------------------------- Most Popular OPINION --------------------------------------------------------------------- Further Reading [im-20211763] Coinbase Says Cybercriminals Stole Customer Data, Sought Ransom Advertisement