JPMorgan is moving deeper into digital finance with the launch of its pilot deposit token, JPMD, on Coinbase’s Base network.

This pilot marks a major milestone in blockchain adoption by traditional banks, with JPMD positioned as a more scalable, potentially yield-bearing alternative to stablecoins. Unlike stablecoins, deposit tokens like JPMD are fully integrated within the traditional banking framework — and may soon offer interest-bearing features for institutional clients. As the crypto and banking sectors continue to converge, this could be a glimpse into the future of digital payments.

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Read the full story: www.ecoinimist.com/2025/06/18/jpmorgan-bombshell-on-base-network