JPMorgan expands ‘JPM Coin’ deposit token to Ethereum for institutional clients

Crypto Insight Summary: The USD-denominated deposit token now supports peer-to-peer transfers within the Ethereum Virtual Machine ecosystem, including Base. Crypto Insight Analysis: Direction: Bullish ETH Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: JPM Coin's Ethereum integration boosts institutional adoption and network usage.