JP Morgan Launches Live USD Token on Base for Instant Institutional Transfers
JP Morgan Launches Live USD Token on Base for Instant Institutional Transfers
🏦 JP Morgan goes live
JP Morgan's JPMD token is now fully operational on Base, marking a major shift from traditional banking to onchain finance.
Key developments:
- JPMD enables instant institutional money transfers instead of traditional multi-day processing
- The world's largest bank has moved beyond experimentation to live commercial deployment
- This represents a significant step toward mainstream onchain banking infrastructure
Why this matters: Traditional bank transfers can take days to settle. JPMD allows institutions to move funds in seconds using blockchain technology.
This isn't just another crypto experiment - it's established finance embracing onchain rails for real business operations.
From proof of concept to fully live. J.P. Morgan’s USD deposit token, JPMD, is now available for institutional transfers on Base. Moving money should take seconds, not days. Commercial banking is coming onchain.
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