Mmastodon BusinessCrypto first seen 2 d ago, last 2 d ago, peak #7

JPMorgan brings JPM Coin to Ethereum blockchain

Original: JPMorgan expands availability of JPM Coin onto the Ethereum blockchain in addition to existing support for Base, suggest

JPMorgan has expanded its JPM Coin, a blockchain token representing dollar deposits at the bank, to the Ethereum network, adding to its existing support on Coinbase's Base blockchain. The move reflects Ethereum's deeper liquidity and its existing use by institutional clients, underscoring the bank's growing adoption of public blockchains for corporate payment and settlement services.

Why now: A major bank expanding a deposit token to Ethereum signals growing institutional use of public blockchains, which draws attention in crypto and finance circles.

JPMorganJPM CoinEthereumBaseCoinbase

Open on mastodon →

Evidence

• JPMorgan expands availability of JPM Coin onto the Ethereum blockchain in addition to existing support for Base, suggesting Ethereum offers better liquidity and is already being used by institutional clients,. JPM Coin is a token representing dollar deposits at the bank and is… · BrentD@techhub.social · 1

API: https://socialmediatrends-api.osmike.com/v1/trends/2886072