JPMorgan’s JPM Coin Lands on Ethereum With Support for Transfers Across Two Networks

JPMorgan has expanded its JPM Coin deposit token to Ethereum to give institutional clients another way to move money onchain. The latest move takes it beyond Base, where the dollar-denominated token first launched in November 2025. JPM Coin, also known as JPMD, represents deposits held at JPMorgan on a public blockchain. JPM Coin Is Not a Stablecoin The token allows institutional clients to make on-chain payments with greater speed and efficiency. It now supports peer-to-peer transfers across the Ethereum Virtual Machine ecosystem, including Ethereum and Base. The expansion is part of the bank’s wider effort to bring traditional financial instruments onto blockchain networks.

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