JPM Coin represents US dollar deposits held at JPMorgan, enabling institutional clients to execute peer-to-peer payments and transfers 24/7 in seconds

Banks, asset managers, corporations and pension funds moving into digital assets through custody launches, trading desks and treasury allocations.

Using crypto and stablecoins to pay for things, from payment cards and merchant checkout to payroll, remittances and cross-border settlement.

On October 19, 2026, JPMorgan announced plans to expand its JPM Coin dollar-deposit token to Ethereum for approved institutional clients. Access remains permissioned even though settlement uses a public blockchain.