JPMorgan Chase deploys JPM Coin to the Canton network

According to The Block, JPMorgan's blockchain and digital payments division Kinexys announced the deployment of JPM Coin (JPMD) to the Canton network, marking the second expansion following its launch on the Coinbase-supported Ethereum Layer 2 network Base in November 2025.

JPM Coin is a dollar deposit token issued by JPMorgan, providing institutional clients with an alternative stablecoin solution that supports 24/7 instant peer-to-peer transactions.