🚨 JPMorgan Launches JPMD Deposit Token Pilot on Coinbase’s Base Network! 💥
JPMorgan is rolling out JPMD, a new deposit token positioned as a superior alternative to stablecoins for institutional clients.
🔹 JPMD is backed by real bank deposits — not just algorithms or crypto reserves.
🔹 Initially supports USD transactions, with plans to add more currencies after regulatory approval.
🔹 Will be available to Coinbase’s institutional clients once the pilot completes.
🔹 Potentially offers yield, making it more scalable within traditional finance.
This move could reshape how big institutions manage digital money—combining crypto speed with banking stability. 🚀
#JPMorgan #JPMD #CoinbaseBase #CryptoInnovation #StablecoinAlternative
