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JPM Coin Ethereum expansion stories

Oct 17, 2026

JPMorgan expands JPM Coin deposit token to Ethereum for institutional clients

JPMorgan Chase is launching its JPM Coin deposit token on Ethereum, extending the bank's blockchain payment infrastructure to a public network for institutional clients. The token represents US dollar deposits held at the bank.

Oct 17, 2026·6 sources

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Top claims

▪In the United States, JPMorgan, Citi, Bank of America, and Wells Fargo, alongside over a dozen other banks, plan to establish a shared network for tokenized deposits
▪JPMorgan's Kinexys platform has accumulated over $4 trillion in total transaction volume to date
▪JPMorgan selected Ethereum for JPM Coin's expansion, announced on October 19, 2026, due to its established onchain liquidity, tokenized asset ecosystem, and existing use among institutional clients

Subtopics

Blockchain technology1 Ethereum1 Institutional crypto adoption1 Payments1 Stablecoins1 Tokenization1

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