#jpmd

[cpoetter]

Following a successful proof-of-concept of JPMD, the JPM Coin USD deposit token is now available for J.P. Morgan’s institutional clients to move money quickly, easily and securely onchain.

[..]

Clients, including B2C2, Coinbase, and Mastercard, all successfully completed near-instant issuance and redemption of JPMD on Base as part of the proof-of-concept. Kinexys by J.P. Morgan launched the USD deposit token proof-of-concept in June 2025.

(via ETH Daily)

[coinccino]

JPMorgan Launches USD-Backed Token ‘JPMD’ on Ethereum’s Base Network — A Turning Point for Institutional Crypto?

JPMorgan has launched a USD-backed deposit token, JPMD, on Coinbase’s Ethereum Layer 2 Base network. Targeted at institutional clients, JPMD

[ciaorachel]

#booboo #jpmd #allfixed