coin-img-ETHETH-0.48%coin-img-BTCBTC-0.22%coin-img-SOLSOL-2.13%coin-img-UCNUCN+1.01%coin-img-XRPXRP-1.39%coin-img-ASTERASTER+12.17%coin-img-USDCUSDC-0.01%coin-img-DOGEDOGE-0.92%coin-img-ETHETH-0.48%coin-img-BTCBTC-0.22%coin-img-SOLSOL-2.13%coin-img-UCNUCN+1.01%coin-img-XRPXRP-1.39%coin-img-ASTERASTER+12.17%coin-img-USDCUSDC-0.01%coin-img-DOGEDOGE-0.92%coin-img-ETHETH-0.48%coin-img-BTCBTC-0.22%coin-img-SOLSOL-2.13%coin-img-UCNUCN+1.01%coin-img-XRPXRP-1.39%coin-img-ASTERASTER+12.17%coin-img-USDCUSDC-0.01%coin-img-DOGEDOGE-0.92%coin-img-ETHETH-0.48%coin-img-BTCBTC-0.22%coin-img-SOLSOL-2.13%coin-img-UCNUCN+1.01%coin-img-XRPXRP-1.39%coin-img-ASTERASTER+12.17%coin-img-USDCUSDC-0.01%coin-img-DOGEDOGE-0.92%
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Alexander Zdravkov

JPMorgan Pilots Deposit Token on Coinbase's Base Network

JPMorgan Chase has launched a pilot program for its JPM Coin deposit token (JPMD) on Base, Coinbase's Ethereum Layer 2 network. The token represents digitized U.S. dollar-denominated commercial bank deposits backed by JPMorgan's balance sheet. The initiative enables institutional clients to conduct real-time settlements and marks a shift toward integrating traditional banking infrastructure with public blockchain systems.
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