JPMorgan’s Ethereum move could open tokenization to smaller banks, Brickken CEO says
Photo: Crypto Briefing
JPMorgan Chase is considering its options for a potential public stablecoin but has no current plans to issue one. JPMorgan Chase ’s tokenized US dollar deposit, JPM Coin, is going live on Ethereum after first launching on Base, the Coinbase -backed layer 2 network, nearly a year ago. The expansion challenges the idea that banks must use private blockchains to meet compliance requirements, according to Edwin Mata, CEO and co-founder of Brickken.
Source: Crypto Briefing
