Good morning & happy Tuesday! Today all eyes are on major US banks that are now uniting to challenge crypto giants in $246B stablecoin market (what it's all about, why it matters & why it could be huge + bonus deep dives into the latest financials of the Wall Street's giants & the ultimate list of 110+ stablecoin use cases), and Google's AI that might eliminate traditional online checkout (what this paradigm shift means for both FinTech & e-commerce firms alike + more bonus reads on agentic commerce, resources on AI agents, the Ultimate Beginners Guide to AI & more!). So let's just jump straight into the solid stuff '' According to recent reports, JPMorgan Chase JPM 0.00%', Bank of America BAC 0.00%', Citigroup C 0.00%', and Wells Fargo WFC 0.00%' are all engaging in preliminary discussions about jointly issuing a stablecoin through their co-owned payment infrastructure companies, including Early Warning Services and the Clearing House.
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