JPMorgan Chase CEO: Companies involved in stablecoins are very smart, they are trying to create alternatives to bank accounts

Planet Daily News: Jamie Dimon of JPMorgan Chase stated in an AlphaSense conference call that financial technology companies involved in stablecoins are "very smart" as they are trying to create an alternative to bank accounts and enter payment systems and reward programs. Jamie Dimon explained: "JPMorgan Chase must recognize this, and the way to recognize it is to participate, so we will enter this field, continuously learn, and become a part of it." In June this year, JPMorgan Chase launched the USD deposit token JPMD for institutional clients to conduct digital payments on public blockchains. (Jintian)