On July 16 (UTC+8), JPMorgan Chase's Jamie Dimon stated in a conference call transcript from AlphaSense that fintech companies involved in stablecoins are "very smart" and are trying to create an alternative to bank accounts and enter the payment system and rewards program. Jamie Dimon explained, "JPMorgan Chase must be aware of this, and the way to be aware is to participate, so we will enter this field, continue to learn, and become a part of it." In June of this year, JPMorgan Chase launched the U.S. dollar deposit token JPMD, which is available for institutional clients to make digital payments on public blockchains. (Source: Bitpush) [MetaEra]