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Jun 25
JPMorgan Enters Crypto World With Stablecoin-like Token JPMD
What Is JPMD? A Crypto-Style Token With Institutional Power JPMorgan has launched JPMD, its new deposit token built on Coinbase’s Layer-2 blockchain, Base. Unlike public stablecoins like USDT or USDC, JPMD is a permissioned token—issued by a licensed bank and available exclusively to institutional clients. Each JPMD unit represents a…
