quote: Liquidity is key. JPMorgan even cited it as a reason for bringing JPM Coin to Ethereum.
But as we add more RWAs, | Hanami
quote: Liquidity is key. JPMorgan even cited it as a reason for bringing JPM Coin to Ethereum.
But as we add more RWAs, chains and tokens risk further fragmenting liquidity. Interoperability is needed more than ever. https://x.com/bscnews/status/2112099020504170594 | JPMorgan Brings JPM Coin To Ethereum
JPMorgan (@jpmorgan) launched its deposit token, JPM Coin, on Ethereum (@ethereum) ethereum:native for institutional clients.
The bank cited Ethereum’s liquidity and established client activity as reasons for choosing the network.
The token represents US dollar deposits and enables payments around the clock, without traditional banking delays.
JP Morgan says it expects demand from crypto firms and institutions settling tokenized assets.
The token first launched on Base (@base) and allows institutional clients to transfer dollars within seconds.