JPM Coin’s Ethereum launch targets institutional payments and asset settlement
Photo: The Cryptonomist
JPMorgan is bringing its deposit token to Ethereum for institutional clients, extending a rollout that began on Base last year. The JPM Coin launch on Ethereum , announced on October 19, 2026, targets on-chain payments for large crypto clients and transactions involving tokenized assets. JPM Coin represents clients’ U.S. dollar deposits at JPMorgan. The bank said in a statement that it will make the token available to its institutional customers on the Ethereum network, broadening its use of blockchain in institutional finance.
Source: The Cryptonomist
