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【Breaking! Wall Street Giants Officially Enter the Crypto World】🔥

JPMorgan has deployed its digital deposit token JPM Coin to the Base blockchain under Coinbase! This marks the financial giant's first large-scale connection to the public blockchain ecosystem.🚀

💎 Key Points Analysis:

1️⃣ JPM Coin is not a stablecoin but a digital form of bank deposits with interest, currently limited to transfers between whitelisted users.

2️⃣ This move directly responds to institutional clients' demand for on-chain bank deposit products, primarily used for collateral and margin payments in crypto trading.

3️⃣ JPMorgan emphasizes that the deployment includes complete permission control and risk isolation, showing that traditional finance is steadily moving towards the DeFi space.

What does this mean? The boundaries between traditional finance and the crypto world are rapidly merging, and institutional-level blockchain applications are reaching an important milestone!💼

#JPMorgan #JPMCoin #BaseChain #BlockchainFinance #传统金融入局