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JPMorgan Launches JPM Coin on Base, Revolutionizing Institutional Payments

JPMorgan Launches JPM Coin on Base

Dario Cesaro avatar
Written by Dario Cesaro
Updated this week

JPMorgan Chase has officially launched its USD-denominated deposit token, JPM Coin (JPMD), for institutional clients on Coinbase's Base Layer 2 network. This significant development allows for 24/7, near-instantaneous settlement of payments, marking a major stride in bridging traditional banking with decentralized finance.

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