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Breaking News: Crypto Funds Funneled To Money Launderers Hit $82 Billion, According To Chainalysis

JPMorgan’s Jamie Dimon Has Converted to Crypto Believer: $BEST to Soar Next?

Aaron Walker
Aaron Walker
Last Updated: August 1, 2025 12:31 pm
4 mins read
JPMorgan’s Jamie Dimon Has Converted to Crypto Believer: $BEST to Soar Next?

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Jamie Dimon just went from branding Bitcoin a “fraud” to calling himself a “believer” in stablecoins. This, in another institutional change of heart that could see leading crypto wallets’ native $BEST token explode in the near future.

Dimon’s shift isn’t small talk. For years, the JPMorgan CEO dismissed crypto as a passing fad, comparing it to tulip mania and even pet rocks.

But now? He’s backing dollar-pegged tokens, not out of hype, but because client demand is too big to ignore. This pivot could mark a turning point for digital asset adoption, especially for next-gen crypto wallets built for real-world utility.

JPMorgan’s Expanding Crypto Footprint

JPMorgan has gone from watching the market to wiring into it. The bank’s in-house “Deposit Coin” ($JPMD) and quiet push into stablecoin issuance show a learn-by-doing approach, letting them test the rails of tokenized finance without betting the bank.

Coinbase post on X announcing its partnership with JPMorgan Chase.Add in its partnership with Coinbase, where Chase cardholders can buy crypto and even redeem points for $USDC, and the picture sharpens. Now, with whispers of a 2026 Bitcoin-backed loans pilot, it’s clear Dimon’s pivot isn’t talk; it’s a full-on strategy shift.

Why Institutional ‘Belief’ Changes the Game

When giants like JPMorgan back stablecoins, it doesn’t just validate the tech; it forces the market to mature. Suddenly, stablecoins aren’t a niche degen tool. They’re payment rails. That shift creates demand for wallets that are faster, safer, and built for real-world use, not just swapping on-chain.

And this is where the Best Wallet app stands out. Instead of clunky MetaMask workarounds and patchy fiat gateways, it’s building an all-in-one hub with integrated presale access, staking, and seamless payments.

That’s exactly what this new wave of users will want.

Enter Best Wallet & Its Native Token $BEST

If JPMorgan is betting on stablecoins, you need a wallet built for where crypto is headed – not where it’s been.

Best Wallet is positioning itself as that hub, combining Fireblocks-powered MPC-CMP security with a smooth, fiat-friendly interface that strips out MetaMask’s pain points. And it’s targeting a bold 40% share of the global crypto wallet market by the end of 2026.

Best Wallet stands a considerable chance of making good on its ambitions. This fully non-custodial, no KYC, multi-chain, and multi-currency hot wallet is rising among the ranks of the market’s leading crypto wallets.

Driving that ecosystem push is $BEST, the token that turns Best Wallet from a tool into a platform. Holding $BEST offers an abundance of utility.

Token holders get reduced on-chain fees, early access to the top crypto presales, exclusive drops, boosted APYs through the staking aggregator, governance rights, and even iGaming perks – like free spins, lootboxes, and deposit bonuses.

Best Wallet Token ($BEST) benefits on offer for holders.Best Wallet isn’t another app competing for screen space. It’s building the rails for the next wave of crypto adoption, and $BEST is the ticket to ride.

To discover all the benefits of this trailblazing wallet, read our full Best Wallet crypto review. And if you’d like to invest in its native token, our comprehensive guide explains how to buy $BEST.

Why Banking’s Stablecoin Shift Could Reshape Wallet Tokens

Dimon’s U-turn on crypto isn’t just a headline. It’s proof that the rails are shifting toward stablecoins and on-chain finance.

If major banks keep leaning in, $BEST could ride that wave. And with presale integrations, upcoming DeFi loan features, and a market that loves anything tied to real utility, the Best Wallet app has the makings of a future crypto hub.

Still, remember: this isn’t financial advice. Always do your own research before buying into any presale. Crypto is volatile and carries inherent risks.

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Aaron Walker
Aaron Walker

Aaron Walker

Aaron writes for NewsBTC as a Crypto Journalist, covering breaking news and developments across the crypto world.

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Aaron’s been writing and editing since 2016, and has seen firsthand how writing for online publications has evolved over that time with the influence of everything from a globalized workforce to LLMs. He’s also witnessed the rise of crypto from a fringe interest to a multi-trillion-dollar force that’s reshaping the world economy.

His background in academia with multiple post-grad degrees and a zest for good writing, wherever it may be found, powers Aaron’s own approach to covering crypto.

What sets good writing apart? Storytelling – finding connects the news to the people reading it and drawing out those connections. That’s what Aaron looks for in his own coverage.

In his off-hours, Aaron works for a local charity and enjoys working out and training with the local boxing club. He even reads physical books, occasionally.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

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