JPMorgan expands JPM Coin to Ethereum and Base, The Block reports

CIE News ·

Based on reporting by The Block; not yet independently confirmed.

JPMorgan has expanded its USD-denominated deposit token JPM Coin to Ethereum and Base for institutional peer-to-peer transfers, according to The Block.

JPMorgan has expanded its USD-denominated deposit token, JPM Coin, to support peer-to-peer transfers across the Ethereum Virtual Machine ecosystem, according to The Block. The expansion includes support for both Ethereum and the Base network, allowing institutional clients to use the deposit token directly within these blockchain environments.

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