JPMorgan announced a pilot program for JPMD on Base in collaboration with Coinbase.

Event date

June 17, 2025

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JP Morgan Chase & Co. unveiled its plans to debut a so-called deposit token, JPMD, on Tuesday, just one day after a social media post ignited widespread speculation about the digital asset.

JPMorgan is going public with details about its new JPMD stablecoin, which will launch on the Base blockchain. The firm will begin a pilot program sometime in the next few days.

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Week 25 of 2025