J.P. Morgan Launches First USD Deposit Token on a Public Blockchain

J.P. Morgan has made history by becoming the first bank to issue a USD deposit token on a public blockchain, launching the JPM Coin deposit token (JPMD) on Base, Coinbase’s Ethereum Layer 2 network. The initiative, led by Kinexys by J.P. Morgan, brings regulated bank deposits into the on-chain world—offering faster, safer, and programmable digital payments for institutional clients. During […]