Altcoin

JPMorgan launches deposit token ‘JPM Coin’ on Coinbase’s core blockchain

Published

3 hours ago

November 12, 2025

In response to Bloomberg, JPMorgan has formally launched its deposit token, JPM Coin, marking an necessary step in institutional blockchain adoption. The token represents US greenback deposits held on the financial institution and allows 24/7 real-time transfers by way of Base, Coinbase’s public blockchain. Early individuals within the pilot embody Mastercard, Coinbase and B2C2, with Coinbase reportedly accepting JPM Coin as collateral for trades and liquidity transactions.

Belief CoinPedia:

CoinPedia has been offering correct and well timed cryptocurrency and blockchain updates since 2017. All content material is created by our professional panel of analysts and journalists, following strict editorial tips primarily based on EEAT (Expertise, Experience, Authoritativeness, Trustworthiness). Every article is fact-checked from respected sources to make sure accuracy, transparency and reliability. Our overview coverage ensures unbiased evaluations when recommending exchanges, platforms or instruments. We intention to offer well timed updates on every thing crypto and blockchain, from startups to business majors.

Funding Disclaimer:

All opinions and insights shared symbolize the writer’s personal views on present market situations. Please do your individual analysis earlier than making any funding selections. Neither the author nor the publication accepts accountability on your monetary decisions.