Major US Banks Explore Stablecoin Launch Through Zelle Parent Company
Major US Banks Explore Stablecoin Launch Through Zelle Parent Company
馃彟 Banks Plot Stablecoin...
Early Warning Services (EWS), the company behind Zelle and backed by major US banks including Bank of America, JPMorgan, Wells Fargo, and PNC, is exploring launching its own stablecoin.
This development could significantly impact:
- US payment systems integration
- Everyday banking operations
- Digital asset adoption by traditional finance
The move follows JPMorgan's recent trademark filing for "JPMD" in June, suggesting broader blockchain initiatives across major banking institutions.
Why this matters: EWS already processes millions of transactions through Zelle, giving it established infrastructure and regulatory relationships that could accelerate stablecoin adoption in mainstream banking.
馃毃 Big Moves in Banking 馃毃 Zelle鈥檚 parent company EWS (backed by Bank of America, JPMorgan, Wells Fargo & PNC) is exploring the launch of its own #stablecoin 馃獧 A potential game-changer for U.S. payments & everyday banking. 馃憖
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Daily Community Check-in
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