Wu Blockchain (@WuBlockchain): According to Bloomberg, JPMorgan has officially launched its deposit token JPM Coin, initially available to institutional clients. The token represent…
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According to Bloomberg, JPMorgan has officially launched its deposit token JPM Coin, initially available to institutional clients. The token represents U.S. dollar deposits held at the bank and enables 24/7 real-time transfers via Base, Coinbase’s associated public blockchain. Participants in the pilot include Mastercard, Coinbase, and B2C2, with Coinbase set to accept JPM Coin as collateral. https://t.co/ynsTcY90NQ