[JPMorgan Deploys JPM Coin to Base Blockchain] JPMorgan has deployed its digital deposit token, JPM Coin, to Coinbase's Base blockchain. JPM Coin is a digital representation of interest-bearing bank deposits, restricted to transfers between whitelisted users, aimed at addressing institutional clients' demand for using bank deposit products on-chain. It is currently primarily used for collateral and margin payments in crypto transactions. JPM emphasizes that this deployment method features full permission control and risk isolation.