#JPMorgan Chase has launched JPM Coin, a digital deposit token for institutional clients.

JPMorgan Rolls Out JPM Coin Leveraging #coinbase 's Base: Report _ Unlike stablecoins, deposit tokens are digital claims on existing bank funds and can be interest-bearing, offering a new option for #Institutional investors.

What to know:

JPMorgan Chase has launched JPM Coin, a digital deposit token for institutional clients, marking a significant move into digital assets.

The token enables near-instantaneous transfers, leveraging Coinbase’s blockchain, Base.

Unlike stablecoins, deposit tokens are digital claims on existing bank funds and can be interest-bearing, offering a new option for institutional investors.

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