Is JPMorgan Launching a Stablecoin? ‘JPMD’ Filing Suggests So
JPMorgan Chase, the largest bank in the United States, has filed a trademark application for "JPMD" with the U.S. Patent and Trademark Office (USPTO), signaling potential plans to launch a stablecoin. The filing, which covers electronic payments, aligns with the growing institutional interest in digital assets.
The move could further legitimize stablecoins as a bridge between traditional finance and cryptocurrency markets. While no official announcement has been made, the trademark filing hints at JPMorgan''s continued exploration of blockchain-based financial solutions.