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JPMorgan Chase Introduces JPMD, a Stablecoin-Like Token, to Deepen Its Cryptocurrency Market Footprint
3 day ago /
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Author：小编
JPMorgan Chase is delving deeper into the cryptocurrency arena with the launch of JPMD, a stablecoin-like token. On Tuesday, the American banking colossus unveiled the so-called "deposit token" on Coinbase's public blockchain, Base, which is built on the Ethereum network. This token is intended to serve as a digital counterpart for commercial bank deposits, providing 24/7 settlement services to institutional clients and potentially offering interest to token holders. As a "permissioned token," JPMD will be exclusively accessible to JPMorgan Chase's institutional clientele.
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