JPMorgan’s JPMD represents tokenized bank deposits, backed by fractional reserves and issued under strict regulatory oversight. The JPMD pilot is running on Base, a public ...

JPMD will cater to institutions that want the legal protections, interest payments, and bank integration that regular stablecoins don’t fully offer to move money quickly, safely ...

According to Arthur Hayes, the former BitMEX CEO, banks in the United States are sitting on the key to $6.8 trillion in ...

The banking titan JPMorgan is piloting a US dollar-backed permissioned deposit token on the Ethereum (ETH) layer-2 scaling ...

JPMorgan Chase & Co. will launch a pilot for a token called JPMD that represents dollar deposits at the world’s biggest bank, as financial institutions deepen their push into the digital-asset ...

JPMD has had "preliminary interest from large institutional players who want more native onchain cash solutions from pre-eminent and reputed financial institutions," Mallela added.

The tokenization initiative could lay groundwork for standardized carbon infrastructure underpinned by blockchain tech, the firms said.

One of the world's leading financial firms is filing a trademark to launch its new crypto services provider, JPMD.

JPMorgan Chase is taking a step further into the cryptocurrency space with its own stablecoin-like token, called JPMD. Stream Los Angeles News for free, 24/7, wherever you are. WATCH HERE ...