📢 News: JPMorgan is preparing to launch JPMD, a bank-backed deposit token on Ethereum L2 (Base)—insured, KYC-compliant, and designed for secure on-chain payments between institutions.
🧠 Why it matters:
Traditional banks are moving on-chain
CBDC-like reach without the central bank
Sets up the next wave of institutional adoption
😂 Joke: Now your banker has a wallet too!