Wall Street Is Bringing Bank Deposits to Ethereum JPMorgan Chase is expanding JPM Coin to Ethereum mainnet, bringing its bank-backed digital dollar to institutional clients Why this matters for $ETH: • Real financial infrastructure: JPM Coin represents actual bank deposits, enabling near-instant, 24/7 transfers and settlements • Ethereum adoption: Bringing JPM Coin to Ethereum extends the network’s role in traditional financial infrastructure and institutional settlement • Institutional demand: More financial institutions using Ethereum could strengthen its position as a settlement layer for tokenized assets and digital money JPM Coin first launched on Base in 2025. It operates through JPMorgan’s Kinexys platform and is permissioned, not a publicly traded or decentralized stablecoin Ethereum’s opportunity goes beyond DeFi. If major banks increasingly use ETH infrastructure to move money and settle transactions, the network could become a critical bridge between traditional finance and onchain markets