JPMorgan Chase & Co. is launching a pilot for a token called JPMD, which represents dollar deposits, and will transfer a fixed amount to Coinbase Global Inc. on the public blockchain Base.

JPMorgan Chase & Co. is launching a pilot for a token called JPMD, which represents dollar deposits, and will transfer a fixed amount to Coinbase Global Inc. on the public blockchain Base.

https://www.bloomberg.com/news/articles/2025-06-17/jpmorgan-to-pilot-deposit-token-jpmd-on-coinbase-linked-public-blockchain