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BreakingCrypto

JPMorgan Expands JPM Coin to Ethereum for Institutional Payment Settlements

First Detected: Oct 19, 2026, 7:38 AM
Last Update: 3 minutes ago
1 update

Event Summary

JPMorgan has expanded its JPM Coin system to the Ethereum network to facilitate institutional payment settlements and tokenized assets. The token represents customer US dollar deposits held at the bank. This expansion enables institutional clients to perform instantaneous fund transfers 24 hours a day, 7 days a week.

Timeline

Latest developmentabout 6 hours ago

JPMorgan Expands JPM Coin to Ethereum for Institutional Payment Settlements

JPMorgan has extended its JPM Coin system to the Ethereum network, enabling institutional clients to perform instantaneous fund transfers and tokenized asset settlements 24/7.

Read the full story

Key facts

  • JPMorgan has extended its JPM Coin system to the Ethereum network to enable institutional payment and tokenized asset settlement.
  • The token represents customer dollar deposits and allows for instantaneous fund transfers 24/7.

Price Impact

Since event start
JPM-0.27%
ETH-1.23%