{"id":32339,"date":"2025-06-17T19:16:48","date_gmt":"2025-06-17T19:16:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=32339"},"modified":"2025-06-17T19:16:48","modified_gmt":"2025-06-17T19:16:48","slug":"jp-morgan-to-launch-jpmd-coin-on-base-heres-what-you-need-to-know","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=32339","title":{"rendered":"JP Morgan to Launch JPMD Coin on Base: Here\u2019s What You Need to Know"},"content":{"rendered":"<div>\n<p>After filing for a blockchain-related trademark earlier this week, one of the world\u2019s largest multinational investment banks, JP Morgan, will reportedly launch its own token.<\/p>\n<p>According to a <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-17\/jpmorgan-to-pilot-deposit-token-jpmd-on-coinbase-linked-public-blockchain?srnd=phx-crypto\" data-wpel-link=\"external\" target=\"_blank\">report<\/a> from Bloomberg, JP Morgan Chase &amp; Co will be launching a pilot for a token called JPMD that will represent dollar deposits at the bank.<\/p>\n<p>The token will be deployed on Base. According to Naveen Mallela, the global co-head of the bank\u2019s blockchain division called Kinexys, in a \u201ctransaction expected ot take within days,\u00a0 JPMorgan will move a fixed amount worth of JPMD from the bank\u2019s digital wallet to the biggest US crypto exchange, Coinbase.\u201d<\/p>\n<p>Moreover:<\/p>\n<blockquote>\n<p>\u201cThe token [\u2026] will be denominated in dollars. Going forward, Coinbase\u2019s institutional clients will be able to use the deposit tokens for transactions. The bank plans to run the pilot for several months and later expand to other users and currency denominations, pneding approval from regulators.\u201d<\/p>\n<\/blockquote>\n<p><em>This story is developing. <\/em><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/jp-morgan-to-launch-jpmd-coin-on-base-heres-what-you-need-to-know\/\" rel=\"nofollow\">JP Morgan to Launch JPMD Coin on Base: Here\u2019s What You Need to Know<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>After filing for a blockchain-related trademark earlier this week, one of the world\u2019s largest multinational investment banks, JP Morgan, will reportedly launch its own token. According to a report from Bloomberg, JP Morgan Chase &amp; Co will be launching a pilot for a token called JPMD that will represent dollar deposits at the bank. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-32339","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32339"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32339\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}