JPM Coin Arrives on Ethereum as JPMorgan Expands Institutional Payments

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JPMorgan Chase has expanded its JPM Coin deposit token to Ethereum’s mainnet, giving eligible institutional clients another blockchain option for payments and settlements. The bank previously introduced the token on Coinbase’s Base network in November 2025. JPM Coin represents commercial bank deposits and operates through JPMorgan’s banking infrastructure, with access restricted to approved customers despite its availability on a public blockchain.

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