JPMorgan extends JPM Coin to Ethereum for institutional payments

First reported by Bloomberg at · Updated · 6 sources

JPM Coin represents dollar deposits and is being extended to a wider group of institutional clients. The token first launched on Coinbase-affiliated Base in November 2025 and allows clients to move money at any time of day, according to Quartz, rather than being limited to banking hours.

  • The Block says JPM Coin supports peer-to-peer transfers within the Ethereum Virtual Machine ecosystem.

Covered by 6 publishers within 11 hours of the first report.

Reporting6

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