JPMorgan is taking it seriously! Just now, this giant bank that manages $40 trillion officially announced: it will accept Ethereum as collateral for loans. This is not a test; it's Wall Street's official entry ticket.
Three signals that directly break through cognition:
1. Collateral and clearing are fully on-chain smart contracts; code is the rule.
2. Aimed at institutions and compliant enterprises, ETH is being placed on the 'regular army's' asset shelf.
3. Risk control models are for the first time incorporating ETH2.0 staking yields — it is no longer just a token but a 'yield-generating asset' that can produce cash flow.
Internal documents show the initial quota is as high as $5 billion. There are also rumors that if it operates smoothly, tokens from the four major Layer2s may also enter the collateral list. Peers like Goldman Sachs and Citibank are urgently assessing, and a 'banking battle' around ETH has quietly begun.
Welcome everyone to join Elon Musk's little puppy 🐶【P U P P I E S】
What does it mean when traditional finance starts defining credit with ETH? Will your ETH choose to stake or wait for broader financial scenarios?
Let's discuss in the comments:
Which mainstream bank do you think will follow next? #ETH #WallStreet
