JPMorgan Chase pilots JPMD deposit tokens on Base chain, putting commercial deposits on chain for the first time
2025/06/18 07:26
PANews reported on June 18 that according to Bloomberg, JPMorgan Chase announced that it will pilot the issuance of JPMD tokens on the public chain Base associated with Coinbase, representing US dollar deposits. The first transfer will be completed within a few days and will only be open to institutional clients. JPMD is scalable and may support interest-bearing and deposit insurance in the future, and is seen as a compliant alternative to stablecoins.
Disclaimer: The content displayed on MEXC News is provided by third parties and is for informational purposes only. These contents do not constitute financial or investment advice. Please conduct your own research before making any investment decisions.
You May Also Like
Fileverse releases decentralized spreadsheet tool dSheets to challenge Google Sheets and Excel
PANews reported on June 18 that according to The Block, Ethereum infrastructure startup Fileverse launched dSheets, an open source spreadsheet tool focusing on privacy and on-chain interaction, positioned as a
Share
PANews2025/06/18 13:38
Zhou Xiaochuan: No consensus has been reached on global macroeconomic policy coordination
PANews reported on June 18 that at the 2025 Lujiazui Forum "General Assembly II: Enhancing the Coordination of Global Monetary Policy", Zhou Xiaochuan, Vice Chairman of the 12th National Committee
Share
PANews2025/06/18 14:35
The three major Chinese Bitcoin mining machine giants, which account for more than 90% of the market share, have turned to the United States to set up factories to cope with tariff pressure
PANews reported on June 18 that according to Reuters, in response to the Trump administration's "Liberation Day" tariff policy, Bitmain, Canaan and MicroBT, three major Chinese Bitcoin mining machine manufacturers,
Share
PANews2025/06/18 14:30