The American billionaire Jamie Dimon, president and CEO of JPMorgan — one of the largest global banks — stated in an interview on the program Mornings with Maria, from Fox Business, on Monday (8), that he supports the use of cryptocurrencies, blockchain, and tokenization. According to him, the institution intends to expand the application of these technologies, especially blockchain and stablecoins, as they believe they can make financial services more efficient.
Dimon emphasized that both tokenization and blockchain are 'real' and are already being used to streamline processes and reduce costs, highlighting that the market has been discovering increasingly effective ways to leverage them.
The executive also revealed that JPMorgan is developing its own stablecoin, capable of generating interest and functioning as a payment system. He stated that the bank is willing to adopt any solution that offers advantages in terms of speed, cost, and quality for clients.
According to Dimon, these technologies should drive the next generation of international payments, although not all applications are suitable for the institutional market. He emphasized that interoperability will be a key factor and that the sector will need clear standards, including AML (anti-money laundering) and KYC (know your customer) requirements, for these products to be used widely and securely.
It is worth noting that JPMorgan is also developing a program to allow institutional clients to use Bitcoin and Ethereum as collateral in credit operations, which represents one of the most direct integrations of crypto assets into Wall Street's financial system. The launch is expected by the end of 2025 and will involve a third-party custodian responsible for maintaining the tokens offered as collateral.
