JPMorgan expanding JPM Coin to Ethereum for institutions

Briefing by News4U · First published 2026-10-19 10:30:31 UTC

JPMorgan is moving its dollar deposit token to Ethereum to let institutional clients make payments and settle tokenized assets.

JPMorgan is expanding its JPM Coin deposit token to Ethereum, allowing institutional clients to make payments and settle tokenized asset transactions, Bloomberg reported. [1] [2]

JPM Coin represents US dollar deposits held at JPMorgan and lets eligible clients transfer funds within seconds, around the clock. The bank chose Ethereum for its liquidity and existing use among clients. [1]

Sources

1. JPMorgan takes JPM Coin to Ethereum for institutional clients: Report

   Cointelegraph · 2026-10-19 08:58:45 UTC · Full text

2. JPMorgan's JPM Coin, representing dollar deposits, is coming to Ethereum: Bloomberg

   CoinDesk · 2026-10-19 10:03:47 UTC · Summary only

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