Wu Blockchain (@WuBlockchain): According to Bloomberg, JPMorgan will pilot a deposit token called JPMD on Base, a public blockchain affiliated with Coinbase, to represent U.S. dolla…
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According to Bloomberg, JPMorgan will pilot a deposit token called JPMD on Base, a public blockchain affiliated with Coinbase, to represent U.S. dollar deposits held at the bank. The pilot is set to begin within days, with JPMorgan transferring a fixed amount of JPMD from its digital wallet to Coinbase. The token will initially be available only to institutional clients. https://t.co/hbkADfMjkE