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JPMorgan Expands JPM Coin to Ethereum

JPMorgan has expanded JPM Coin to support Ethereum for institutional clients. Cysic has suspended its bridge service due to an attacker minting tokens and moving about $727,000 to Ethereum. SkyAI has sold its entire Solana treasury and launched a $201 million buyback. Stablecoins see average off-hours transfers of $400 million per hour, according to Coinbase and The Block.

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