JPMorgan CEO Jamie Dimon, previously a critic of cryptocurrencies, has expressed support for stablecoins and blockchain technology. In a CNBC interview, Dimon highlighted that JPMorgan's pivot towards digital assets is driven by customer demand, acknowledging the inherent risks of new financial products. This shift marks a departure from his earlier stance, where he labeled Bitcoin a 'fraud.' JPMorgan is actively expanding its presence in the crypto space, including a partnership with Coinbase to enable Chase credit card holders to purchase digital assets. The bank is also considering offering direct loans backed by Bitcoin, with potential plans to launch in 2026. Dimon's changing perspective aligns with a broader industry trend towards embracing blockchain technologies.