In short

  • Tether's CEO mocked JPMorgan after the bank downplayed institutional demand for stablecoins

  • JPMorgan co-president Doug Petno called institutional interest in blockchain and stablecoins emerging

  • Tether's USDT has a market value near $183 billion

Read the original story: JPMorgan says institutions don't want stablecoins yet: Tether CEO just laughed at Phil Haunhorst on no.beincrypto.com