CoinWorld news: Wu Shuo Blockchain reported in a post that JPMorgan Chase CEO Jamie Dimon warned in a letter to shareholders that blockchain technology-driven stablecoins, smart contracts, and tokenized products are fundamentally changing core banking businesses such as payments, transactions, and asset management, which could compress fee income and put pressure on traditional deposits. To that end, JPMorgan Chase is accelerating its blockchain platform strategy to respond to structural changes.

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