#MyTradingStyle The largest bank in the United States, JPMorgan Chase, confirmed the launch of JPMD, a new digital token designed to represent bank deposits in tokenized form. The initiative marks another step for the entity in the world of digital finance, although with a proposal different from traditional stablecoins.

Unlike stablecoins like USDT or USDC, which are available to any user and operate in public markets, JPMD will be a deposit token exclusive to institutional clients.