JP Morgan’s JPMD — Not a Stablecoin, But It Moves Like One

JP Morgan’s JPMD — Not a Stablecoin, But It Moves Like One

JP Morgan made a splash this week,
With JPMD — a token sleek.
But don’t confuse it, don’t misread,
It’s not a stablecoin, indeed.

It’s a deposit token, plain and clear,
For moving dollars far and near.
Built on Base, that Coinbase chain,
It’s speeding up the banking game.

First, just a few can use the tech,
Institutional — they cut the check.
Later, others get a turn,
Once regulators bless and learn.

“Money should move in seconds, not days,”
Base posted, setting the tone ablaze.
JP agrees — they’re not just talk,
They’re walking crypto’s faster walk.

Since ‘23, they’ve built this tool,
To keep JP ahead and cool.
From Onyx days to Kinexys now,
They’re betting big and showing how.

So no, it’s not a coin that’s ‘stable,’
It’s bank-grade cash, but on-chain able.
A sign the giants are leaning in,
And blockchain’s era might begin.