Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
JPMorgan Reportedly Expands JPM Coin to Ethereum for Institutional Clients

JPMorgan Reportedly Expands JPM Coin to Ethereum for Institutional Clients

MT newswireMT newswire2026/10/19 08:28
04:28 AM EDT, 10/19/2026 (MT Newswires) -- JPMorgan Chase (JPM) is making its JPM Coin deposit token available to institutional clients on the Ethereum blockchain, media outlets reported Monday. The token represents US dollar deposits held at the bank and enables clients to transfer funds around the clock, the reports said, adding that JPM selected Ethereum because of its liquidity and established use among clients. JPMorgan Chase did not immediately respond to MT Newswires' request for comment.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

GIGADEV dropped 10.1% in 24 hours

Odaily星球日报•2026/11/14 00:07

To prevent liquidity support from being seen as QE, Federal Reserve's Logan proposes separate accounting for market functioning bond purchases and accelerated sales.

Dallas Federal Reserve President Lorie Logan stated that the Federal Reserve should completely separate market-functionality bond purchases from monetary policy operations, record them independently, and commit to selling them as soon as possible in order to dispel market concerns over the Fed potentially suppressing long-term yields. She emphasized that a full understanding of the Fed’s decision-making logic by the market itself has a stabilizing effect.

华尔街见闻•2026/11/13 23:16