2026-01-10 10:00:16

JPMorgan Chase's leader's remarks have sparked attention. He admitted that smart contracts and tokenization are no longer just theoretical concepts but practical technical solutions. JPMorgan processes a daily fund flow of up to $16 trillion, and this well-established compliance system is now extending into the blockchain space — the century-old financial giant has already begun its deployment, planning to replicate its risk control capabilities on the chain.

However, the other side of the topic is also worth pondering: he mentioned that stablecoins still face recognition bottlenecks in institutional-level large-scale settlements. In other words, although there are no technical issues, it will still take time and trust to truly channel Wall Street's funds into on-chain stablecoins. JPMorgan's own JPM Coin is exploring this path, but clearly, this is not something that can be achieved overnight.

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HalfBuddhaMoney

· 6h ago

The true bottleneck is the recognition of stablecoins. What’s the use of technology? Wall Street folks still only trust the US dollar. Big institutions aren’t looking at how pretty the plan is; they need maximum trust. JPM Coin has been around for years, but it hasn't really broken into the mainstream. Honestly, it’s still just an experimental field. On-chain settlements of 16 trillion? That sounds great, but the real large-scale fund flows still have to wait. This isn’t something that can be rushed. Regulation, trust, and liquidity—all are indispensable.

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rug_connoisseur

· 01-10 10:30

JPMorgan Chase has started to seriously play with blockchain, which shows that this is indeed not a joke. The path of JPM Coin is a bit slow, but thinking about it, that's understandable. They need to reassure Wall Street. The technology is no problem; the key is trust, which is always the hardest part. Money is something that really matters. Speaking of which, if the total of $16 trillion were to go on-chain, how many things would need to change? Stablecoin acceptance is still limited; it seems that large-scale settlements are really not that easy to migrate. This guy speaks quite straightforwardly, no hype, and indeed, it still takes time to lay the groundwork. $16 trillion... just thinking about it puts enormous pressure on on-chain infrastructure. JPMorgan Chase has taken the plunge. Will other financial institutions be far behind? It's starting to get interesting. The technical solution has been in place for a long time; it's just waiting for the moment when the money flows in.

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token_therapist

· 01-10 10:29

JPMorgan finally stops pretending; blockchain really does work. But actually throwing money in? Still a ways to go, as trust in stablecoins is a tough hurdle. --- Even JPM Coin struggles; don’t be fooled by the hype now, Wall Street folks are just talking big. --- Moving $16 trillion into the chain? I don’t buy it; that would take at least ten years to get started. --- Alright, JPMorgan, I’ll give you some credit for showing a bit of sincerity. But if stablecoins want to become mainstream, the overall landscape is still too small. --- Honestly, they’re paving the way for their own stablecoins. Don’t be fooled by the so-called "technological maturity." --- Institutional recognition is the key; otherwise, no matter how advanced the technology is, it’s all useless. --- Wait, copying risk control onto the chain? Sounds simple, but in reality? Plenty of security risks involved. --- Trust in stablecoins is indeed a concern, but the words of JPMorgan’s leader seem a bit self-contradictory.

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SolidityNewbie

· 01-10 10:23

I think I finally understand. The JPM Coin approach is basically just about wanting to have a say. --- The technology is not the issue; the problem is that Wall Street folks still don't fully trust it. 16 trillion dollars on the chain? Overthinking it. --- JPMorgan wants to replicate risk control on the blockchain? First, make their own system transparent. --- The bottleneck of stablecoins ultimately comes down to trust, not technology. That's the key insight. --- JPM Coin has been announced for so long, but we haven't seen any large-scale institutional settlements yet. --- It's the same old line: "Not far now, coming soon." How many times have we heard that? --- A century-old financial giant always wants to maintain control. That's the real reason stablecoins haven't gained widespread adoption.

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BearMarketSunriser

· 01-10 10:22

JPMorgan finally took it seriously, but honestly, it still depends on whether JPM Coin can truly make a breakthrough. Wall Street's money isn't that easy to fool; technological maturity doesn't equal trust, and this hurdle will probably take time to overcome. Moving the risk control of a 16 trillion yuan market onto the chain? Sounds great, but how much attenuation will there be in actual implementation? The bottleneck of stablecoins is exactly this: big institutions say it's good, but their money still stays safely in traditional finance. Over the years, JPM Coin has been bouncing around, but it still hasn't found a truly killer application scenario. It's not that it can't work; it just hasn't reached that day yet. Wall Street won't let on-chain assets become mainstream so quickly. Regulatory compliance and trust must advance hand in hand, which is even more difficult than the technology itself. It sounds good, but in reality, it's just waiting for the regulatory framework to be perfected so everyone can get on board together.

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SelfStaking

· 01-10 10:10

This time, I finally heard the honest words from the big banks; smart contracts have truly come to life. We still have to wait for JPM Coin to explode; Wall Street's money isn't that easy to fool. Transferring $16 trillion onto the chain? I smile and say nothing. Being able to replicate compliance on the chain sounds impressive, but the recognition of stablecoins is stuck here; the technology is good but not widely used. JPMorgan's entry is a signal, but don't expect too much; these folks have always been conservative. When will Wall Street truly put big money into it? That will be the real moment. The technology is fine; the issue is trust, and that's the biggest hurdle. JPM Coin has a good outlook, but it's still a bit behind USDT. Smart contracts are mature now, but there are still too few users. This is how traditional finance is entering Web3—cautious, slow, and self-protective.

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