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Reading: Much Ado About Something? JPMorgan Launches USD Deposit Token – Not Stablecoin
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Much Ado About Something? JPMorgan Launches USD Deposit Token – Not Stablecoin

Last updated: June 18, 2025 7:54 pm
Published: 8 months ago
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After days of rumors around the identity of the mysterious ‘JPMD’ token filed by JPMorgan, widely supposed to be a stablecoin, the truth has finally emerged.

With JPMD, institutions have a round-the-clock method of making deposits, incorporating established banking systems with blockchain technology. It’s one more step along the path towards crypto as a normal part of everyday life, alongside core crypto projects like Best Wallet token.

Time to learn more about why JPMorgan thinks deposit tokens are part of the future of crypto.

Perhaps everyone should have guessed what JPMD was. After all, one of the largest banks in the US is hardly likely to do anything without a lot of research and preparation.

That was when the company published an extensive report on the utility and function of proposed deposit tokens. Calling them ‘a foundation for stable digital money,’ JPMorgan outlined a number of core advantages a deposit token could offer to traditional banks:

That last point is critical. Even while stablecoins draw increased attention, deposit tokens like JPMD hold one clear advantage: they fit neatly into existing rules and regulations.

JPMorgan filed the trademark application on June 15, 2025. As it turns out, the deposit token will be built on the Base blockchain and will leverage that chain to provide round-the-clock crypto access for its clients (Coinbase is one).

Institutions have led crypto adoption in recent months, but there are growing signs that retail adoption won’t be far behind.

Success in a fully integrated crypto-financial world will rest partly on the power of your crypto wallet. Best Wallet app is a leading non-custodial crypto wallet, and now the Best Wallet Token launch takes the wallet to the next level.

Best Wallet token ($BEST) takes the power of the Best Wallet app up a notch. $BEST token holders gain:

Best Wallet is the only crypto presale wallet, offering an Upcoming Tokens feature where you can research and invest in the best crypto presales.

It’s all part of a growing crypto ecosystem where Best Wallet, Best Wallet Token, and the upcoming Best Card work together to equip you to navigate a brave new crypto world.

That gives $BEST unique utility, even among other crypto presales. Currently, tokens cost $0.025195, and early investors can stake them for a 104% variable APY.

Our price prediction sees the token price potentially reaching $0.035215 by the end of the year, delivering 40% returns to anyone who buys in now.

Learn how to buy Best Wallet token, and don’t forget to visit the Best Wallet Token presale page today.

Together, the launch of both $BEST and $JPMD highlights the way forward for crypto. Traditional finance and crypto are no longer separate things – they’re two sides of the same coin, and crypto wallets connect them.

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