JPMorgan's JPM Coin (JPMD) USD deposit token is now live on Ethereum, extending from Base to the Ethereum L1, according to an announcement amplified by the Ethereum ecosystem account on X. JPMD gives approved J.P. Morgan institutional clients native onchain cash on Ethereum, alongside the assets and collateral they already transact with.
Ethereum
Ethereum is the community-run technology powering the cryptocurrency ether (ETH) and thousands of decentralized applications.