JPMorgan is reportedly exploring directly lending $BTC and $ETH by 2026, while also turning its attention to stablecoins.
JPMorgan’s favorable crypto stance comes after years of skepticism from Jamie Dimon, the bank’s CEO.
But now, just months later, he seems to have come around. And it’s no wonder. Other banking giants are entering the Web3 arena, and JPMorgan is unlikely to want to be left behind.
And that happening isn’t far-fetched, as institutions are already treating $BTC as a core asset.
For example, Strategy (formerly MicroStrategy) holds over $72B in $BTC, which places it ninth among all S&P 500 firms by treasury size, ahead of heavyweights, like Exxon, NVIDIA, PayPal, and CVS.
And all will be achieved without sacrificing decentralization, which is the core principle of blockchain tech, after all.
$HYPER is the linchpin of the entire ecosystem. It facilitates governance rights and staking rewards at a sizable 221% APY. Once the L2 officially launches, it’ll also help you save funds on gas fees.
Given that a whopping 30% of $HYPER is earmarked for development, major investors are making strategic moves to get the most out of the ecosystem and reap the perks.
If banking titans like JPMorgan and Morgan Stanley officially enter the crypto realm, they’ll accelerate the mainstream adoption of $BTC.
And as $BTC gains more Wall Street traction, the need for faster and more cost-friendly infrastructure becomes vital. Luckily, Bitcoin Hyper steps in to meet this demand.
This isn’t financial advice. Do your own research and never invest more than you’d be sad to lose.