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

From the articleJPMorgan Expands JPM Coin to Ethereum for InstitutionsAlso in JPM Coin, JPMorgan's token for dollar deposits, is coming to Ethereum, JPMorgan Expands JPM Coin to Ethereum for Institutional Payments, JPMorgan expands 'JPM Coin' deposit token to Ethereum for institutional clients