financial industry


JPMorgan recently released a research report highlighting an intriguing development in the financial world. With the collapse of Silvergate Bank, Signature Bank, and Silicon Valley Bank, many fintech payment companies and offshore banks are competing to take their place. However, creating new banking networks can be a lengthy process, leading JPMorgan to suggest that there may be a significant shift towards the use of stablecoins among crypto market participants and investors. Stablecoins have gained popularity…