JP Morgan eyeing its own stablecoin—$9.3 trillion balance sheet potentially entering the game. This isn't some fintech startup testing waters anymore. When the legacy giants start building rails instead of just watching, it confirms what we've known: crypto infrastructure is inevitable.
The irony? Banks spent years calling this space a scam, now they're scrambling to tokenize everything. Classic late-cycle institutional FOMO, but it's bullish for the macro thesis. More on-ramps, more liquidity, more legitimacy. They're not here to kill crypto—they're here because they have to be.
Stablecoins are the Trojan horse. Once banks issue their own, the line between TradFi and DeFi blurs completely. We're watching the rails get built in real time.
The irony? Banks spent years calling this space a scam, now they're scrambling to tokenize everything. Classic late-cycle institutional FOMO, but it's bullish for the macro thesis. More on-ramps, more liquidity, more legitimacy. They're not here to kill crypto—they're here because they have to be.
Stablecoins are the Trojan horse. Once banks issue their own, the line between TradFi and DeFi blurs completely. We're watching the rails get built in real time.