{"id":41742,"date":"2026-03-03T16:03:58","date_gmt":"2026-03-03T15:03:58","guid":{"rendered":"https:\/\/www.coinpro.ch\/uncategorized\/jpmorgan-warns-the-crypto-world-against-interest-on-stablecoins\/"},"modified":"2026-03-03T16:04:29","modified_gmt":"2026-03-03T15:04:29","slug":"jpmorgan-warns-the-crypto-world-against-interest-on-stablecoins","status":"publish","type":"post","link":"https:\/\/www.coinpro.ch\/en\/news-en\/jpmorgan-warns-the-crypto-world-against-interest-on-stablecoins\/","title":{"rendered":"JPMorgan warns the crypto world against interest on stablecoins"},"content":{"rendered":"

The cryptocurrency world is buzzing again. Discussions about whether stablecoins should be allowed to pay interest in the future have reached a new dimension in the USA. Now, one of the world’s most powerful bankers is speaking out: JPMorgan CEO Jamie Dimon. In a CNBC interview<\/a>, Dimon made it clear that his firm is not against competition in the financial sector. But he clarified: “If a stablecoin functions like a bank deposit and pays interest, then that institution must be regulated like a bank.<\/p>\n

Then the same rules apply \u2013 capital requirements, liquidity regulations, reporting obligations. Anyone who pays interest is conducting banking business.” The top banker’s statement highlights the current challenge for the crypto industry: Stablecoins could theoretically become an alternative to traditional bank deposits. However, as long as they want to offer interest, all regulations that banks are subject to automatically apply. This creates a conflict of interest that hinders the progress of digital currencies.<\/p>\n

JPMorgan warns the crypto world against interest on stablecoins<\/h2>\n

The background is the intense debate surrounding the Clarity Act<\/a> recently passed in the USA. The law prohibits stablecoins from paying interest. JPMorgan analysts expect the regulations to be fully implemented before the second half of the year. The consequences would be clear: Stablecoins would remain payment and trading tools, but could not act as interest-bearing investment products with a banking character.<\/p>\n

The crypto community’s reaction is divided. On the one hand, developers and investors emphasize that interest payments could foster technological progress. On the other hand, regulators see the risk of stablecoins uncontrollably becoming a shadow banking system. Dimon’s comment summarizes this tension: “Accept the rules \u2013 then you can pay interest.”<\/p>\n

Related topic:<\/strong> How stablecoins could pull the USA out of the debt spiral<\/a><\/p>\n

The JPMorgan CEO’s argument is not new in the industry, but it gains weight with his voice. Anyone who pays interest must hold capital, maintain liquidity, and conduct audits. In short: If you want to be a bank, you have to act like a bank. For stablecoins, this means: Either they remain pure payment and exchange instruments, or they must submit to regulatory authorities.<\/p>\n