JPMorgan Launches JPM Coin on Coinbase's Base Network: Crypto Banking Breakthrough

Global banking giant JPMorgan has officially deployed its JPM Coin stablecoin on Coinbase's Base blockchain network according to industry reports. This strategic integration represents a significant milestone in the convergence of traditional finance and blockchain technology. The JPM Coin, a USD-pegged stablecoin developed by one of the world's largest financial institutions, will leverage Base's Ethereum Layer-2 infrastructure for enhanced transaction efficiency and scalability. This deployment signals major institutional adoption of blockchain solutions for payment processing and settlement systems, potentially accelerating mainstream crypto integration in corporate treasury operations and cross-border transactions.