Think Banks Don’t Move Markets? Bitcoin’s DeFi Hopes May Be Crushed by TradFi’s Collateral

October 24, 2025

Wall Street’s newest steps reach directly into crypto’s core collateral, and that shift could decide where bitcoin’s DeFi experiments actually take root once markets turn volatile and balance sheets matter more than slogans.JPMorgan is preparing a program that lets institutions pledge Bitcoin and Ethereum for loans, while Fidelity’s product page … 

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