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 ...

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.

JPMorgan Chase’s foray into the blockchain ecosystem continues, with the financial institution choosing the Base network to pilot its newly launched deposit token, JPMD. The pilot program was ...

Issued on Coinbase's Base blockchain, JPMD is only available to institutional clients and offers features like 24/7 settlement and interest payments — part of the broader push by legacy finance ...

JPMorgan exec says no plans yet for stablecoin The JPMD trademark sparked speculation that JPMorgan would issue a stablecoin with other big banks; however, Naveen Mallela, an executive at JPMorgan ...

Arthur Hayes says stablecoins from big banks could unlock $6.8 trillion to buy US Treasuries. JPMorgan plans to launch JPMD stablecoin to turn customer deposits into T-bill demand. The Genius Act ...

Hayes claims coins such as JPMD could run on public chains like Base to attract retail users. Incentives like instant transfers and cashback could further drive stablecoin adoption at scale.

BlackRock’s tokenized money market fund has grown to over $2.8 billion on Ethereum, while JPMorgan launched JPMD, a deposit token representing U.S. dollars on blockchain. All in all, Ethereum remains ...

Tokenized carbon credits seek to improve efficiency in trading JP Morgan Chase has been one of the leading mainstream banks to offer various forms of tokenization, mostly targeted at its clients. The ...

JPMorgan has taken the lead in developing stablecoins among traditional financial institutions. Recently, the company introduced its JPMD stablecoin on Ethereum’s L2 Base chain, supported by Coinbase ...

JPMorgan to pilot JPMD deposit token on Base blockchain JPMorgan is set to test a new digital deposit token, JPMD, on Coinbase’s Base blockchain, a move that expands the bank’s blockchain footprint ...