This week, we break down why JPMorgan's Jamie Dimon publicly challenged ‪Coinbase‬, why JPMorgan, ‪Citi‬, Bank of America, and Wells Fargo are building a tokenized deposit network, and why ‪stripe‬, ‪Visa‬, ‪Mastercard‬, and Coinbase are reportedly backing a new stablecoin platform that could reshape global payments.

We also discuss why Mastercard is expanding stablecoin settlement across multiple blockchains, and why Revolut wants to launch a U.S. bank with stablecoin services built in from day one.

On the AI front, Ramp just hit a $44 billion valuation and launched Stack, an AI-powered operating system for accounting firms. If AI can automate reconciliation, month-end close, bookkeeping, and finance operations, what happens to accountants?

Plus:

• ‪Revolut‬ launches a major credit card push in the UK

• Revolut CTO  ...