Competing for on-chain financial dominance: Who will define the new order?

[Plain Language Guide] This report delves into the intense competition in the on-chain finance sector, focusing on the strategic game between JPMorgan Chase and Circle.

JPMorgan Chase is integrating traditional finance with new technology by issuing the deposit token JPMD on a public blockchain; Circle, on the other hand, is applying to establish a trust bank to create a new on-chain financial ecosystem. Although both start from different points, the boundaries are gradually blurring as they compete for dominance in future financial infrastructure.

The report discusses the balance between technology and systems, analyzes the unique advantages and potential risks of all parties, and reveals who will define the new global financial order.

For details, please see: