JPMorgan CFO calls stablecoin yield payout 'obviously dangerous and undesirable'

The Chief Financial Officer of JPMorgan recently expressed serious concerns regarding the yield payouts associated with stablecoins, labeling them as "obviously dangerous and undesirable." This statement reflects a broader apprehension within the financial institution about the potential risks and implications of these digital assets in the current economic landscape. The CFO's remarks underscore the challenges posed by stablecoins in terms of regulatory oversight and the stability of the financial system, highlighting the need for caution among investors and regulators alike. source: https://www.coindesk.com/policy/2026/01/13/stablecoin-yield-debate-looks-like-parallel-banking-system-jpmorgan-cfo-says