CryptoAugust 26 at 11:00 AM

JPMorgan (JPM) considers launching its own stable coin, WSJ reports; talks have been preliminary, with no active product under way

StockNow breaking-news AI analysis

JPMorgan is reportedly considering a stablecoin launch, though discussions remain preliminary with no active product underway, following its earlier blockchain deposit token initiatives.

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JPMJPMorgan Chase & Co.$357.74Current price

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JPMorgan (JPM) considers launching its own stable coin, WSJ reports; talks have been preliminary, with no active product under way

What do investors think?

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JPMorgan (JPM) considers launching its own stable coin, WSJ reports; talks have been preliminary, with no active product under way

Related stocks

What do investors think?

Today's market highlights

US PCE Price Index (Jul MM) 0.2% vs. Exp. 0.1% (Prev. -0.1%)

US Durable Goods Orders (Jul MM) 1.1% vs. Exp. 0.5% (Prev. 0.3%)

US President Trump says he is "not in a hurry" over talks with Iran and there is no time schedule, Al Jazeera reports; he added that economic & military action "are effective"