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JPMorgan Expands JPM Coin to Ethereum for Institutional Clients

Bloomberg reported that JPMorgan Chase is expanding its JPM Coin deposit token to the Ethereum blockchain. The token represents U.S. dollar deposits held at the bank and enables eligible clients to transfer funds within seconds, around the clock.

JPM

JPMorgan Chase, the world’s biggest bank by market capitalization, is expanding its JPM Coin deposit token to Ethereum, Bloomberg reported on Monday.JPM Coin represents US dollar deposits held at JPMorgan and lets eligible clients transfer funds within seconds, around the clock.Emma Landriault, glo…