JPMorgan Chase, the world’s largest bank by market capitalization, is expanding its JPM Coin deposit token to Ethereum, enabling institutional clients to make payments and settle tokenized asset transactions. JPM Coin represents US dollar deposits held at JPMorgan and allows fund transfers within seconds, around the clock. While tokens are issued on public networks, they remain restricted to approved institutional participants. The expansion follows the November 2025 rollout of JPM Coin on Base, an Ethereum layer-2 network built by Coinbase.
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