JPMorgan Chase & Co. will launch a pilot for a token called JPMD that represents dollar deposits at the world’s biggest bank, as financial institutions deepen their push into the digital-asset sector.

This pilot combines the credibility of both JPMorgan and Base to help bring institutional money into a more global economy,” ...

The bank’s JPMD is a permissioned USD deposit token enabling J.P. Morgan institutional clients to move money 24/7 on-chain.

The JPMD launch extends JPMorgan's blockchain activities beyond its internal systems. The bank operates Kinexys Digital ...

JPMorgan’s JPMD represents tokenized bank deposits, backed by fractional reserves and issued under strict regulatory ...

JPMorgan Chase will begin testing JPMD, a deposit token developed by the bank, on Coinbase’s layer 2 network Base.

JPMorgan is piloting its deposit token JPMD on Coinbase’s Base network, aiming to offer institutional clients a scalable, ...

JPMorgan's JPMD stablecoin on Coinbase’s Base blockchain could transform dollar digitization, grow deposits, and attract ...

JP Morgan's JPMD token will initially be available for use by select Coinbase institutional clients, with plans to expand ...

The move follows the passage of a landmark stablecoin Bill in the US Senate this week. Read more at straitstimes.com. Read ...