Some US banks explore venturing into crypto with joint stablecoin, WSJ reports

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Some of the biggest U.S.banks are exploring whether to team up to issue a joint stablecoin, The Wall Street Journal reported on Thursday.

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Trump has promised to be the "crypto president," popularising its mainstream use in the U.S.

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Category: EconomyBusiness

Markets: MalaysiaSingapore

Topics: Crypto Bank of America Stablecoin JPMorgan Chase Banking Banks Cryptocurrency US Wells Fargo /Business/Business News Citigroup

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-23 @ 16:48:00 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 293 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 28923004

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 44 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 3 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #22

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