JPMorgan takes JPM Coin to Ethereum for institutional clients: Report
Summary
JPMorgan is expanding its US dollar deposit token, JPM Coin, to Ethereum, enabling approved institutional clients to make around-the-clock payments and settle trades or post collateral. The bank cited Ethereum’s liquidity and client adoption. JPM Coin previously launched on Coinbase’s Base network, and JPMorgan has also announced plans to bring it to Canton Network.
