JPMorgan begins rollout of deposit token JPM Coin on Coinbase’s Base
PositiveCryptocurrency

JPMorgan has initiated the rollout of its deposit token, JPM Coin, on Coinbase's Base platform. This development is significant as it may accelerate the adoption of blockchain technology within the banking sector, potentially enhancing transaction speed and efficiency. Additionally, the introduction of JPM Coin poses a challenge to existing stablecoins in the market. The move reflects JPMorgan's commitment to integrating innovative financial technologies into traditional banking practices.
— via World Pulse Now AI Editorial System
