JPMorgan’s JPM Coin Launched on Base Network, Connecting Wall Street and Decentralized Finance

JPMorgan Chase & Co.’s groundbreaking JPM Coin has launched on Coinbase’s Base network, marking a pivotal step in bridging the gap between traditional financial institutions and decentralized finance (DeFi). This deployment enables institutional clients to settle transactions swiftly and securely via Ethereum-compatible infrastructure. The move signifies a significant shift in how banks interact with DeFi protocols.