JPMorgan Set to Launch New ‘JPMD’ Stablecoin – Here’s What You Need to Know!

Jakarta, Pintu News – JPMorgan Chase, one of the largest investment banks in the world, recently filed for the “JPMD” trademark signaling the possible launch of a new stablecoin.

This filing is registered with the US Patent and Trademark Office and shows JPMorgan’s expansion in digital asset services.

With a strong background in blockchain technology, the bank seems to be gearing up to expand its reach to a wider market through crypto platforms.

Blockchain Services Expansion by JPMorgan

JPMorgan has been actively developing blockchain-based services and digital assets in recent years. The bank already operates JPM Coin, a blockchain-based settlement token used internally for institutional clients.

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These “JPMD” trademark filings may be indicative of a broader offering that includes retail or external platforms. The filings cover a range of services such as digital asset trading, electronic funds transfer, payment processing, real-time token exchange, digital asset custody, and securities brokerage.

JPMorgan is also seeking protection for secure online financial transactions related to digital currencies and blockchain technology. This indicates plans for a comprehensive digital asset infrastructure.

Stablecoin Regulation in the US and Its Impact

The filing of the “JPMD” trademark coincides with an important development in the regulation of stablecoins in the United States.

The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) bill recently passed the Senate Banking Committee and is scheduled for a Senate vote on June 17. The bill aims to establish a legal structure for stablecoins issued by financial institutions.

If the bill is passed, banks will be allowed to create stablecoin products under federal supervision. This progress has prompted major banks to prepare offerings that will comply with anticipated regulations.

JPMorgan, with its trademark filing, seems to be preparing itself to operate in a more regulated environment with stablecoins.

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Other Company Reactions and Stablecoin Trends

Apart from JPMorgan, other companies such as Amazon and Walmart are also rumored to be considering stablecoin projects. Both companies are said to be considering introducing tokens tied to the US dollar. This indicates an increased interest in digital currencies based on the private sector as regulatory clarity improves.

Ripple has continued the minting of RLUSD, its US dollar-backed stablecoin, with 12 million tokens recently issued.

Market observers note that several large corporations are positioning themselves for post-legislation expansion into stablecoins. This puts JPMorgan on the list of financial institutions looking to operate in a more regulated environment.

With the filing of the “JPMD” trademark, JPMorgan showed its readiness to expand its digital financial services.

If approved, this could include various digital payments, token transfers, and digital asset custody services.

This move not only strengthens JPMorgan’s position in the digital finance market but also marks a new era in the integration of blockchain technology in mainstream financial services.

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Reference:

• BeInCrypto. JPMorgan Stablecoin Rumors JPMD. Accessed on June 17, 2025
• Coingape. JPMorgan Files JPMD Trademark for Crypto Payment Services. Accessed on June 17, 2025