JPMorgan, Citi, BofA, and Wells Fargo unveil a shared blockchain for 24/7 settlement, aiming to cut out stablecoins and CBDCs from institutional payments.
Major US banks increased Bitcoin ETF exposure by 339% YoY in Q1 2026, while hedge funds and brokerages slashed holdings, signaling a strategic divergence in professional crypto adoption.
Wells Fargo says Circle’s USDC is an underappreciated winner in crypto, bridging traditional finance and payments. Regulatory clarity may boost stablecoins.