JPMorgan exploring crypto-backed loans amid stablecoin push: FT
The Financial Times cited an unidentified source saying CEO Jamie Dimon’s previous remarks about Bitcoin had alienated some potential clients.
JPMorgan Chase is reportedly looking into crypto-backed loans, signaling a potential shift in how US banks regard crypto assets.
The Financial Times reported on Tuesday, citing unidentified sources, that JPMorgan may start lending directly against crypto assets like Bitcoin (BTC) and Ether (ETH).
The FT reported this may happen by 2026, though the plans are subject to change.