JPM Coin Had No Supply or Transfers on Ethereum as of Oct. 22

JPM Coin (JPMD) had no supply and no recorded transfers on Ethereum as of Oct. 22, days after J.P. Morgan opened the token to institutional clients there. The bank made JPMD available on Ethereum on Oct. 19, extending it beyond Base in its Ethereum rollout.

The Ethereum contract also had one address on its allowlist. On Base, JPMD supply was 1,001,000 tokens, worth about $1.0 million, across two addresses as of Oct. 22. That supply had not changed since Nov. 20, 2025.

JPMD represents U.S. dollar deposits held at J.P. Morgan and is limited to institutions the bank approves. A supply snapshot does not measure total payment volume: tokens issued and redeemed within the same day can leave supply unchanged. J.P. Morgan has not published public-network volume figures for JPMD.