Is JPMorgan preparing to launch a stablecoin? Trademark registration for “JPMD” for a series of crypto and blockchain services!
The largest bank in the United States – #JPMorganChase – has officially submitted a trademark application for “JPMD” for a range of services related to digital assets and blockchain technology. This move is viewed by analysts as a strategic step in preparation for the potential launch of its own stablecoin in the near future.
According to the registration documents, #JPMD will include:
🔹 Transactions, money transfers, and payments using cryptocurrency
🔹 Support for digital tokens, payment tokens, and decentralized application (dApp) tokens
🔹 Providing blockchain monetary services, enhancing traditional financial efficiency
🔹 Real-time token trading, securities brokerage, digital asset custody, and secure financial payments
📌 JPMorgan is no stranger to blockchain: they previously developed JPM Coin – an internal token used for money transfers within the banking system. However, JPMD is a further advancement that could expand into the retail and business markets.
💡 If JPMorgan – a traditional financial institution with over $3.9 trillion in assets – engages more deeply in crypto, this would be an extremely positive signal for the entire industry. Stablecoins from major banks could help cryptocurrencies get closer to the traditional financial market, increase liquidity, and pave the way for a wave of blockchain applications on a global scale.
Crypto is no longer a fringe play – but is gradually becoming a mainstream part of the global financial system.