PANews reported on December 18th that, according to CoinDesk, JPMorgan Chase has deployed its digital deposit token, JPM Coin, on Coinbase's Base blockchain, markingPANews reported on December 18th that, according to CoinDesk, JPMorgan Chase has deployed its digital deposit token, JPM Coin, on Coinbase's Base blockchain, marking

JPMorgan Chase has deployed JPM Coin on the Base public blockchain, promoting the on-chaining of traditional banking services.

2025/12/18 18:16

PANews reported on December 18th that, according to CoinDesk, JPMorgan Chase has deployed its digital deposit token, JPM Coin, on Coinbase's Base blockchain, marking the Wall Street giant's first large-scale integration into a public blockchain ecosystem. Unlike stablecoins, JPM Coin is a digital mapping of interest-bearing bank deposits, with transfers limited to whitelisted users. This move responds to institutional clients' demand for on-chain bank deposit products, currently primarily used for collateral and margin payments in crypto trading. JPM emphasizes that its deployment method features complete access control and risk isolation, reflecting the shift of traditional finance towards DeFi.

Market Opportunity
PUBLIC Logo
PUBLIC Price(PUBLIC)
$0.02652
$0.02652$0.02652
-1.00%
USD
PUBLIC (PUBLIC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.