In July 2025, major financial institutions like JPMorgan Chase, Circle, and Ripple intensify their activities in the U.S. cryptocurrency market amid new regulatory norms.
JPMorgan, Circle, and Ripple Seek National Banking Charters
Circle and Ripple have applied for U.S. national banking charters, potentially expanding their stablecoin services. This move highlights a shift where crypto entities seek federal backing to enhance reserve management through direct Fed interactions. The involvement of JPMorgan Chase in stablecoins signifies growing institutional interest following regulatory clarifications.
Stablecoin Evolution and Financial Market Changes
Data shows that USDC, produced by Circle, holds a market dominance of 1.64% with a market cap of $63.86 billion. Trading activity demonstrates robust engagement, recording $14.52 billion in volume over 24 hours. This indicates steady demand for stablecoins and their significance in evolving financial systems.
Impact of New Regulations on the Cryptocurrency Market
U.S. crypto regulations may improve market stability and impose order on it. Experts observe that the introduction of new instruments like spot-quoted futures and national charters could encourage extensive institutional participation, enhancing market liquidity and infrastructure.
New regulations and the involvement of major financial players may radically change the approach to cryptocurrencies, contributing to a more structured and stable financial market in the U.S.
