JPMorgan Launches JPM Coin on Coinbase’s Base Blockchain, Bringing Digital Deposits to Web3

JPMorgan Chase & Co. has taken a significant step towards integrating cryptocurrency payments into mainstream finance by launching its digital deposit token, JPM Coin (JPMD), on Coinbase’s Base blockchain. This move marks a pivotal moment in the Wall Street giant’s foray into Web3 technologies and underscores their commitment to expanding payment solutions beyond traditional banking channels.