JPMorgan Brings JPM Coin to Ethereum | CoinDesk Daily
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CoinDesk Podcast Networkfirst seen
JPMorgan Brings JPM Coin to Ethereum | CoinDesk Daily
JPMorgan takes JPM Coin to Ethereum. JPMorgan is expanding its JPM Coin beyond Coinbase's Base network to Ethereum, citing the blockchain's deeper liquidity and institutional user base. The largest U.S. bank already moves more than $7 billion a day on its private Kinexys network. CoinDesk's Uyen Truong hosts "CoinDesk Daily." - This episode is brought to you by Grayscale, the…
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Crypto Reporter
JPMorgan brings JPM Coin deposit token to Ethereum
JPMorgan Chase has launched its U.S. dollar-denominated deposit token, JPM Coin, on the Ethereum blockchain, expanding its blockchain payments business as financial institutions increasingly explore ways to move money and assets on-chain. The token, known as JPMD, is available to the bank’s institutional clients through Kinexys, JPMorgan’s blockchain business. The launch extends JPM Coin beyond Base, the Ethereum layer-2 network…