[The Wall Street Journal: JPMorgan Chase and Three Other Banks Advance Global Stablecoin Alliance] According to The Wall Street Journal, JPMorgan Chase, Bank of America, Wells Fargo, and Santander Bank are advancing efforts to form a global stablecoin alliance. The report, citing sources familiar with the matter, states that JPMorgan Chase has recently evaluated the possibility of launching its own standalone stablecoin. The related plans are still under consideration and development, with no specific issuance timeline or product arrangements disclosed yet.