🚨 JPMorgan to Pilot JPMD Token on Ethereum L2 Base — A Big Leap into Digital Assets

🚀 JPMorgan Chase & Co. is set to launch a pilot program for JPMD, a new digital token representing dollar deposits — built on Base, the Ethereum Layer 2 blockchain backed by Coinbase.

🌐 This move marks another step in the bank’s strategy to modernize institutional finance with blockchain technology.

📢 The upcoming transaction will involve the transfer of JPMD tokens from JPMorgan’s digital wallet directly to Coinbase Global Inc..

💡 Key benefits:

🔹 Faster settlement

🔹 Enhanced security

🔹 On-chain transparency for institutional clients

🔍 Is this the future of digital banking?

#JPMorgan #JPMD #Ethereum #Base #Blockchain

https://coingape.com/jpmorgan-to-pilot-jpmd-token-on-ethereum-l2-base/