JPMorgan’s JPMD pilot program, announced on June 17, 2025, is expected to begin within days of the announcement.

Quotes that support claims

The bank plans to issue JPMD on Base and test its first transaction from a Chase wallet in "coming days," a company spokesperson told The Block.

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.