JP Morgan launches USD stablecoin for $100+ trillion of institutional settlement - instant, onchain and 24/7.

Wall Street just entered the stablecoin arena - JP Morgan deposit token is round-the-clock, real money, no middlemen.

Retail won’t touch JP Morgan stablecoin.

No payments.
No remittances.
No savings accounts.

This is institutional-only stablecoin.

I explain what JPMorgan built:

- permissioned USD deposit token (JPMD) launched on Coinbase’s Base chain
- For 24/7 cross-border cash movement between JPMorgan’s global entities

Not speculative.
Not retail.

Just pure internal liquidity routing

Think of it as a blockchain-native internal settlement layer.

From: Hong Kong -> London -> New York - instant.

T+0, sub-second, sub-cent.

JPMorgan trademarked JPMD last week.

Filing covers:

- Digital asset trading, issuance, custody
- DLT-based clearing, account verification & fraud protection
- Settlement of securities and futures on-chain
- Electronic transfer of institutional funds via blockchain

Why does this matter?

Because this is world’s largest bank…

- $3.9 trillion in assets
- $10 trillion+ in monthly payment flows
- Now running stablecoin infrastructure on public blockchains

Stablecoins show how crypto rails are already winning.

Stablecoins are crypto’s biggest real-world success:

- $260B market cap, led by USDT and USDC
- $1T monthly volume: used by prop traders, market makers & hedge funds
- <10% is retail flows

Actual stablecoin utility?

Moving size fast.
Professional liquidity.
High-frequency rebalancing.

And now banks are copying it.

But not with CBDCs - those are for interbank experiments.

JPM stablecoin is private, programmable, on-chain money system - with real usage, not pilot theater.

This is what happens when finance meets crypto infrastructure:

- Private tokens
- Public rails
- Regulated use cases
- Institutional flows

Forget the headlines.

Crypto is not “coming to TradFi.”

Crypto is TradFi now.

Founders, investors, fintech builders - what are you still waiting for? 👇