Finance3 sources
JPMorgan Expands JPM Coin to Ethereum for Institutional Clients
- JPMorgan is expanding its JPM Coin deposit token to Ethereum.
- The USD-denominated token supports peer-to-peer transfers within the Ethereum ecosystem.
- This move is part of JPMorgan's push into blockchain payments.
- The expansion comes as Wall Street becomes more comfortable with public networks for money transfers.
- The token is now available for institutional clients to use for payments and tokenized asset transactions.