Why Companies Like JP Morgan And Visa Are Creating Crypto Tokens

From CNBC.

Mainstream financial companies from JP Morgan to Visa are creating their own crypto currencies, known as stablecoins. Market analysts predict they could disrupt the credit card industry. Watch the video to learn why corporate giants are racing to launch their own crypto tokens.

Chapters:
0:00 Introduction
1:48 The corporate embrace
7:06 Crypto risks
8:53 Regulation pushes ahead

Hosted by MacKenzie Sigalos
Reporting by Tanaya Macheel, Kaan Oguz
Senior Managing Producer Jordan Smith
Edited by Nora Rappaport
Animation by Mithra Krishnan
Senior Director of Video Lindsey Jacobson
Additional Footage Getty Images
Additional Sources Circle, Tether, CoinMarketCap, Fact Set

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Why Companies Like JP Morgan And Visa Are Creating Crypto Tokens