---
title: "JP Morgan launches deposit token JPM Coin for institutional clients to facilitate transfers"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/265615952.md"
description: "JPMorgan Chase has launched a deposit token, JPM Coin, for institutional clients, allowing 24-hour transfers via the Ethereum Layer 2 network, which is faster than traditional methods. This token is a blockchain version of deposits held within the bank, similar to traditional bank account balances. Currently, it is only available for institutional clients, and regulators are still reviewing its broader usage issues. JPMorgan Chase conducted several months of testing with Mastercard, Coinbase, and B2C2 before launching JPM Coin"
datetime: "2025-11-13T00:52:57.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/265615952.md)
  - [en](https://longbridge.com/en/news/265615952.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/265615952.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/265615952.md) | [繁體中文](https://longbridge.com/zh-HK/news/265615952.md)


# JP Morgan launches deposit token JPM Coin for institutional clients to facilitate transfers

According to a report by Bloomberg, JPMorgan Chase (JPM.US) has launched a deposit token called JPM Coin for institutional clients, allowing for 24-hour transfers via the Ethereum Layer 2 network, which is much faster than the traditional process that takes several business days. This token utilizes the Base network from Coinbase (COIN.US) and is the bank's first native payment product on a public blockchain.

Unlike stablecoins that are privately issued and backed by off-chain reserves, the JPM Coin token represents deposits held within the bank, essentially a blockchain version of commercial bank cash, similar in nature to traditional bank account balances. However, it is currently limited to institutional clients, as regulators are still reviewing issues related to broader usage.

The report indicates that before launching JPM Coin, JPMorgan Chase conducted several months of testing with Mastercard (MA.US), Coinbase, and liquidity provider B2C2

### 相关股票

- [JPMorgan Chase (JPM.US)](https://longbridge.com/zh-CN/quote/JPM.US.md)
- [ETH/HKD (ETHHKD.VAHK)](https://longbridge.com/zh-CN/quote/ETHHKD.VAHK.md)
- [ETH/USD (ETHUSD.VAHK)](https://longbridge.com/zh-CN/quote/ETHUSD.VAHK.md)

## 相关资讯与研究

- [JPMorgan Chase & Co. Grows Stock Holdings in Udemy, Inc. $UDMY](https://longbridge.com/zh-CN/news/281154291.md)
- [JPMorgan files for private credit fund that allows 7.5% redemptions](https://longbridge.com/zh-CN/news/280684858.md)
- [J.P. Morgan to Transfer 14 ETFs From Current Exchanges | JPM Stock News](https://longbridge.com/zh-CN/news/280839767.md)
- [JPMorgan Chase & Co. Boosts Stake in NBT Bancorp Inc. $NBTB](https://longbridge.com/zh-CN/news/280756825.md)
- [JPMorgan Chase & Co.'s short position in H-shares of Ganfeng Lithium increased to 3.77% on March 27 from 3.06% - HKEX](https://longbridge.com/zh-CN/news/281352506.md)