‘JPMD’ Trademark Fuels Rumors of JPMorgan’s Stablecoin Launch

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A new trademark filing from JPMorgan Chase—”JPMD”—has sparked fresh speculation about the banking giant’s crypto ambitions.

The application details a suite of blockchain-based services, including digital asset trading, payments, and settlements, raising questions about whether a stablecoin is in the works.

The move aligns with a May 22 Wall Street Journal report suggesting JPMorgan, alongside Bank of America and Wells Fargo, may launch a joint stablecoin to compete with crypto-native players.

While the filing doesn’t confirm such plans, industry experts see it as a strategic step toward blockchain-powered financial services.

Notably, CEO Jamie Dimon has been a vocal Bitcoin critic but remains bullish on blockchain’s efficiency for institutional finance.