The head of one of the most influential banks in the world has assured that he remains optimistic about the development of blockchain technology and believes that this technology has the potential to replace some inefficient and outdated systems. Daimon has described stablecoins and JPMorgan’s own deposit token as having the potential to find widespread use in the real world economy.

Earlier, Jamie Daimon stated that the perception of a shortage of bitcoins inherent in the algorithm of the first cryptocurrency may be a misconception.

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