In brief

  • Tether CEO mocked JPMorgan after it downplayed institutional stablecoin demand

  • JPMorgan's deputy CEO Doug Petno called institutional interest in blockchain and stablecoins still being in its early stages.

  • Tether's USDT market capitalization is close to $183,000,000,000.00.

Read the original story JPMorgan says institutions don't yet want stablecoins. Tether's CEO just laughed. written by Phil Haunhorst on the site fi.beincrypto.com