📌 News | By Xiaobing: On October 19, JPMorgan announced that its U.S. dollar deposit token, JPM Coin (ticker: JPMD), had officially launched on the Ethereum mainnet and was now available to institutional clients. This isn’t the first time JPMorgan has put money on-chain.
The news is somewhat positive. $ETH is currently quoted at 2403.58.
The buzzier the news, the more closely we should watch where the capital flows. Is this a big deal or just noise?