JPM Coin has zero Ethereum supply after launch, Sentora says
Photo: crypto.news
JPMorgan’s JPM Coin has recorded zero supply and zero transfers on Ethereum in a contract review by Sentora, days after the bank announced the deposit token’s arrival on the network. Sentora reported zero JPM Coin supply and transfers on Ethereum, with one allowlisted address. JPM Coin’s Base supply remained near $1 million across two addresses, according to Sentora. JLTXX recorded $400 million in Ethereum redemptions as its Solana deployment reached $450 million. Sentora found no live on-chain integration connecting JPM Coin with JPMorgan’s funds or DeFi protocols.
Also reported by Coinotag.
Source: crypto.news
