JPMorgan Brings JPM Coin to Ethereum as Wall Street Embrace Expands

JPMorgan Chase is expanding its JPM Coin deposit token to Ethereum, bringing blockchain-based dollar payments to the world's second-largest cryptocurrency network. The largest U.S. bank announced Monday that JPM Coin, representing U.S. dollar deposits held at JPMorgan, will become available on Ethereum, as traditional financial institutions increasingly embrace public blockchain infrastructure.