Jamie Dimon says JPMorgan Chase will get involved in stablecoins as fintech threat looms

1. Jamie Dimon acknowledges stablecoins’ potential but remains skeptical about their appeal. 2. JPMorgan plans to launch a limited client version of a stablecoin. 3. Dimon warns against fintech disruptions and emphasizes the need for traditional banks to innovate. 4. Stablecoins aim to improve payment efficiency compared to outdated banking systems. 5. Potential collaboration among banks for stablecoin integration remains an open question.