JPMorgan: Lessons Learned From the Crypto Crash

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.jpmorgan says the despite the recent crypto market crash, the technology behind stablecoins will continue to play an important part in the evolution of the monetary system. By willcanny99.

Despite the recent crash in cryptocurrency markets, the technology behind– a type of cryptocurrency whose value is pegged to another asset, such as the U.S. dollar or gold – will continue to play an important part in the evolution of the monetary system, JPMorgan said in a research report Thursday.

As with any new development, “the challenge is to find the right balance between fostering innovation and maintaining financial stability and protection for consumers and investors,” JPMorgan said. The roles of the public and private sector still need to be clearly defined, according to the note.

 

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jpmorgan willcanny99 I’m on his side actually. Stablecoins are here to stay especially stables like USDT

jpmorgan willcanny99 This is a very exciting question for me. I see how some stable coins are unreliable. But usdt is showing excellent results even now in the market.

jpmorgan willcanny99 Stablecoins seem to be just fine. Especially Tether since it’s been returned back to whale’s wallets.

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jpmorgan willcanny99 Lucky me with my $USDT holdings.

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jpmorgan willcanny99 Santa_Floki will be hosting an AMA on Binance Live , Tuesday Nov 8th at 18:00 pm UTC, you won't want to miss out HoHoHo SantaFloki Cryptoforacause BNB BSCGemAlert BSC BTC SaveTheChildren ElonMusk Binance Bitcoin SpaceX

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jpmorgan willcanny99 Santa_Floki

jpmorgan willcanny99 Why quoting JPMorgan when you can quote me? 'Monero will play an important role in privacy tech and is the only truly anonymous cryprocurrency' $XMR Monero quotemenotjpmorgan

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