When the crypto world is still debating which meme can emerge, Wall Street giant JPMorgan Chase (JPM) has quietly moved the battlefield to Solana.

After reviewing JPM's operations this week, I can only say that this is the 'dimensionality reduction strike' of traditional finance against the crypto world. 💥

On December 11, a $50 million commercial paper was issued directly on the SOL public chain, with Coinbase and Franklin participating in the subscription, and the entire process settled in USDC.

This is not a testnet; this is real money, a milestone for the United States as one of the first to use public chains for securities issuance.

Do you understand this signal? The logic has completely changed:

1️⃣ From private to public:

Previously, banks only dared to play in their own private chains, but now JPM has Base in its left hand (issuing JPMD tokens, 2 seconds for settlement) and Solana in its right hand. They are starting to realize that public chains are the true global settlement layer.

2️⃣ Dimensionality reduction attack on SWIFT:

Cross-border transfers on Base cost 1 cent and take 2 seconds. Compare this to traditional SWIFT, and it's like rubbing the old world into the ground. The efficiency dividend is too tempting.

3️⃣ Compliance monopoly:

The scariest thing is their approach—packing decentralized technology (Solana/Base) into a compliant cage (Kinexys). They enjoy the efficiency of blockchain while tightly holding onto financial access rights.

This is what I mean by high-level play.

When the giant with $3.7 trillion in deposits starts going on-chain in bulk, the 'regular army era' of on-chain finance has truly begun.

Don't just focus on the K-line; see where the rails of capital flow are being laid.

#JPMorgan #solana