JPMorgan is weighing a stablecoin, and the bank that called Bitcoin a fraud ran out of reasons to wait

JPMorgan is reportedly weighing issuing a dollar-linked stablecoin, marking a notable reversal for a bank that once labeled Bitcoin a "fraud." The move reflects a broader institutional shift toward building regulated crypto infrastructure rather than opposing digital assets outright. A JPMorgan stablecoin would likely accelerate mainstream adoption by providing regulated rails, increasing liquidity and on‑ramps for Bitcoin and other crypto markets while further normalizing institutional participation.