Update
JPMorgan's JPM Coin Now Available on Ethereum
JPMorgan Chase has expanded its JPM Coin to operate on Ethereum, a public blockchain network. The token, backed by dollars in JPMorgan accounts, can now be used for quick, 24/7 transactions. The update follows earlier testing with Mastercard and Coinbase, and JPMorgan plans to use the token for various financial transactions, including payments and collateral posting.