JPMorgan Takes JPM Coin To Ethereum As Banks Test Public-Chain Settlement
JPMorgan is taking its bank-issued deposit token onto public Ethereum, an expansion that puts an established Wall Street payments product on infrastructure traditionally associated with crypto-native finance. TL;DR: JPMorgan is expanding access to JPM Coin on Ethereum for institutional users. The token represents bank deposits rather than an independently issued stablecoin, and participation remains restricted.…
Samenvatting
JPMorgan is taking its bank-issued deposit token onto public Ethereum, an expansion that puts an established Wall Street payments product on infrastructure traditionally associated with crypto-native finance. TL;DR: JPMorgan is expanding access to JPM Coin on Ethereum for institutional users. The token represents bank deposits rather than an independently issued stablecoin, and participation remains restricted.…
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