Skip to main content

JPMorgan Launches JPM Coin on Base, Revolutionizing Institutional Payments

JPMorgan Launches JPM Coin on Base

Dario Cesaro avatar
Written by Dario Cesaro
Updated over a month ago

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.

Did this answer your question?