StoryCommercial
JPMorgan officially launches JPMD deposit token on Base for 24/7 institutional settlement
JPMorgan officially rolled out JPMD deposit token to institutional clients on Coinbase's Base network following the successful pilot. The token enables 24/7, near-instant settlement of US dollar deposits on a public blockchain, replacing traditional multi-day banking processes. Major partners including Mastercard and B2C2 completed test transactions.