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1inch Amplifies Post on Liquidity in JPM Coin's Ethereum Integration

JPM Coin represents U.S. dollar deposits held by JPMorgan customers, and Ethereum transfers are limited to institutions approved by the bank.

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A silver token rests beside a narrow glass transfer channel / TokenPost.ai
A silver token rests beside a narrow glass transfer channel / TokenPost.ai

1inch amplified a post by @deacix that framed liquidity as important to JPM Coin (JPMD)'s integration on Ethereum.

JPM Coin represents U.S. dollar deposits held by JPMorgan customers. Ethereum transfers are limited to institutions approved by the bank, an access model that differs from broadly available dollar stablecoins such as USD Coin (USDC) and Tether (USDT). That approved-institution transfer model for JPM Coin keeps Ethereum access within the bank's institutional client base.

1inch operates as a decentralized exchange aggregator that helps users find prices across multiple exchanges. The amplified post focused on liquidity in connection with JPM Coin's Ethereum integration.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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