JPMorgan Unleashes JPMD on Base: The $4T Banking Giant’s Bold Leap into Public Crypto Rails
Key Takeaways: JPMorgan launches JPMD , a permissioned USD deposit token for institutional clients, on Coinbase’s Base blockchain. JPMD represents real bank deposits—a first on public infrastructure—enabling near-instant, 24/7 institutional payments. The launch signals Wall Street’s growing embrace of public blockchains, setting the stage for scalable, regulated on-chain banking. JPMorgan,…
bubmagJune 19, 2025