JPMorgan Rolls Out JPM Coin Leveraging Coinbase's Base
JPMorgan Chase has launched JPM Coin (JPMD), a digital deposit token specifically for institutional clients, marking a significant step into digital assets. Unlike stablecoins, JPM Coin represents dollar deposits held at JPMorgan and can be interest-bearing. The token enables near-instantaneous transfers by leveraging Coinbase’s blockchain, Base, allowing payments to