JPMorgan’s JPMD represents tokenized bank deposits, backed by fractional reserves and issued under strict regulatory oversight. The JPMD pilot is running on Base, a public ...

JPMD will cater to institutions that want the legal protections, interest payments, and bank integration that regular stablecoins don’t fully offer to move money quickly, safely ...

According to Arthur Hayes, the former BitMEX CEO, banks in the United States are sitting on the key to $6.8 trillion in ...

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

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 ...

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The bank plans to issue JPMD on Base, a public Ethereum-based blockchain managed by Coinbase. It will be exclusively available to JPMorgan’s institutional clients, which include corporations and ...

JPMorgan Chase is taking a step further into the cryptocurrency space with its own stablecoin-like token, called JPMD. Stream Los Angeles News for free, 24/7, wherever you are. WATCH HERE ...

JPMD has had "preliminary interest from large institutional players who want more native onchain cash solutions from pre-eminent and reputed financial institutions," Mallela added.