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JPMorgan moves further into crypto with stablecoin-like token JPMD
JPMD will offer clients round-the-clock settlement as well as the ability to pay interest to holders. It is a so-called "permissioned token," meaning it is only available to JPMorgan's institutional clients — unlike many stablecoins, which are publicly available.
JPMorgan files JPMD trademark to expand crypto services, including digital asset trading and payments, per USPTO filing. Move ...
JPMD will offer services including digital assets trading, exchange, payments and issuance, according to the filing.
A JP Morgan exec warned of an "overcrowding" stablecoin market as the bank applies to trademark JPMD for a "virtual currency" ...
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