JPMorgan Achieves First True Bridge Between Banks and DeFi

Wall Street is finally stepping onto the same rails as DeFi, as seen with JPMorgan Chase & Co. beginning to roll out its JPM Coin deposit token on Coinbase’s Base network. This enables institutional clients to settle transactions instantly and 24/7, marking a major expansion of traditional banking into public blockchain infrastructure. Deposit Tokens Meet Public Blockchain JPM Coin, representing dollar deposits held at the bank, allows clients to send and receive funds on Base chain, a public, Ethereum-compatible network source: https://beincrypto.com/jpmorgan-jpmd-base-network-defi/