2026-01-08 17:22:08

JPMorgan Chase officially announced the launch of its USD-pegged stablecoin, JPM Coin. This project is managed by its blockchain division Kinexys and will be deployed on the Canton network.

Interestingly, CEO Jamie Dimon has publicly criticized cryptocurrencies multiple times, but now he is leading JPMorgan Chase into this space, showing a clear shift in attitude. The purpose of this move is very clear—to enable institutional clients to settle payments using digital tokens and improve transaction efficiency.

Speaking of which, JPMorgan Chase is not the first traditional financial giant to venture into this field. Financial institutions like Morgan Stanley have already begun to explore cryptocurrencies. As more Wall Street executives change their stance, the era of institutional-grade stablecoins seems to be gradually taking shape. The application of blockchain in payment settlement scenarios is also shifting from "hype concept" to "actual implementation."

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LeekCutter

· 01-11 02:50

Dimon is really on point this time. The ones who criticized the most before are now the biggest fans—typical Wall Street style. JPM Coin is getting off the ground, and now institutions are really about to jump in. Are the things they hyped up before finally coming to fruition? But I still want to see how it turns out. The big players have all changed their tune, indicating that this thing has indeed become a reality. The Canton network is an interesting choice.

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SchrödingersNode

· 01-11 00:55

Damon's turnaround really packs a punch; he was so hardcore in his criticism before, and now he's stepping into the ring himself. This move on Wall Street still feels quite genuine.

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HashBandit

· 01-08 21:24

lmao dimon finally admitted what we all knew... institutional stablecoins are the actual use case, not the hype. back in my mining days we were just hodling bags, now the real money sees the settlement velocity angle. TPS bottleneck on mainnet wouldn't cut it for their volumes anyway ngl

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ChainDoctor

· 01-08 20:04

Jamie Dimon’s transformation is happening so quickly. He was criticizing so harshly before, and now he's trying to get involved—classic Wall Street style. JPM Coin has been launched, but can the Canton network support it? It still depends on how the ecosystem develops. Is the institutional stablecoin boom coming? But I think I’ll wait and see—this might not be a good thing. It’s really just the final struggle of traditional finance. Sooner or later, they’ll have to obediently move onto the chain. Now it’s all good—stablecoins are becoming centralized again. Feels like they’re drifting further away from their original purpose.

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ResearchChadButBroke

· 01-08 17:52

Damon calls out himself, truly amazing haha JPM Coin is here, Wall Street finally lowered its head and obeyed It's called "improving efficiency" in a nice way, but actually it's just about grabbing a share This time, stablecoins are going to explode, institutions are all fighting for positions Canton Network? Never heard of it, but if it can support JPMorgan Chase, that's impressive enough People in traditional finance are really interesting, criticizing crypto one moment, then launching their own coins the next Finally, Wall Street has changed its tune on blockchain, this signal is unusual So can JPM Coin be listed on exchanges? Or is it purely B2B Big moves, retail investors are about to get cut again

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NoStopLossNut

· 01-08 17:50

Is it so satisfying to slap Dimon? He used to criticize fiercely, now he's using it so smoothly haha JPM Coin is here, Wall Street is really getting serious You said you wouldn't touch coins, but in the end, you still follow the trend Institutional stablecoins are the real way; those retail hype are ultimately just clouds Have you heard of Canton Network? It's quite something Traditional big players are starting to compete over who can run faster; latecomers probably have no chance This move is quite brilliant—criticize first, then enter; a masterful control of public opinion Improving efficiency is one thing, but the key is whether it can truly be implemented Wait, does this mean stablecoins are becoming a necessity? JPMorgan Chase doesn't just act; when they do, it's at the institutional level, which is indeed impressive Dimon's attitude changed so quickly—what does that say... in the face of interests, there's no real faith It feels like a big step towards unified payment and settlement These days, just touching blockchain makes you reevaluate everything

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AlwaysMissingTops

· 01-08 17:49

Jamie Dimon's turnaround speed, tsk tsk, really a slap in the face. He used to be so stubborn, now he's so enthusiastic. As soon as JPM Coin was launched, we knew Wall Street's true intentions. Honestly, it's still about money. Everyone wants a piece of the big cake of institutional-grade stablecoins. Now they're finally not pretending anymore. Jumping into this track? Brother, they didn't really look down on it; they're just waiting for the right price. Canton Network? Never heard of it, but if it's something from JPMorgan Chase, financial institutions will definitely buy in. That's the moat. Jamie Dimon was throwing shade wildly before, but now he's changed his tune so decisively. It’s been just a few years since Wall Street all got involved. From hype to implementation, we're finally seeing some real progress. The era of institutional coins has truly arrived. The launch of JPM Coin is a signal, indicating that traditional finance can’t turn back anymore. What's next? The one who hit Jamie Dimon the hardest with criticism has now become a driving force, and this contrast is incredible.

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GasOptimizer

· 01-08 17:41

Damon's statements have long been outdated; frankly, it's just a matter of not properly accounting for capital efficiency. Now, with the Canton Network launching JPM Coin, it's essentially about discovering arbitrage opportunities' value. The fee rate model is the core competitiveness.

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ZKProofster

· 01-08 17:39

tbh jamie dimon's whole "crypto is a scam" to "actually let's deploy on canton" pipeline is hilarious... corporate cognitive dissonance at its finest. but technically speaking, the implementation details matter way more than the pr gymnastics here.

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ZenZKPlayer

· 01-08 17:29

Jamie Dimon really slapped himself in the face hard; he was so aggressive before, but now he's just obediently entering the market. JPM Coin is here, Wall Street is starting to get serious, stablecoins are indeed the correct way to open up blockchain. Another story where "hype" turns into "implementation," it's been clear for a long time. Institutions are trying to move payment and settlement onto the chain; efficiency can indeed be improved, but I still need to take a closer look at the Canton network. Wall Street has finally caught the scent of money; it's only a matter of time.

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