CoinCentral
TLDR JPMorgan launched a digital deposit token called JPMD on Coinbase’s Base network. The token is pegged to the US dollar and targets institutional payments. JPMD offers faster transactions with lower costs than traditional systems. Unlike stablecoins, it is issued by a regulated bank and tied to deposits…
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JPMorgan Chase (JPM) Stock Dips as The Bank Unveils ‘JPMD’ Token on Coinbase’s Base Blockchain
Yasmin Werner
02:19
TLDR JPMorgan launched a digital deposit token called JPMD on Coinbase’s Base network. The token is pegged to the US dollar and targets institutional payments. JPMD offers faster transactions with lower costs than traditional systems. Unlike stablecoins, it is issued by a regulated bank and tied to deposits…
