<ul data-eligibleForWebStory="true"><li>JPMorgan recently filed a trademark application for 'JPMD' with the U.S. Patent and Trademark Office.</li><li>The application describes JPMD as a system for digital asset trading, transfers, payments, and blockchain-based fund services.</li><li>The trademark request covers various financial services like digital trading platforms, brokerage services for digital assets, and blockchain-based clearing and settlement.</li><li>JPMorgan's filing hints at debt settlement and brokerage using blockchain technology.</li><li>While the term 'stablecoin' is not mentioned in the filing, JPMD's functions resemble those associated with stable digital currencies.</li><li>Market speculations see JPMD as an extension of JPMorgan's JPM Coin initiative or a potential public-facing stablecoin.</li><li>If confirmed, JPMD could signify a significant advancement in the race among financial institutions to launch tokenized payment solutions.</li><li>The trademark application is yet to be assigned to an examiner, and JPMorgan has not made any official statements regarding the filing.</li></ul>

JPMorgan Files Trademark for ‘JPMD’ Blockchain Asset, Fueling Stablecoin Speculation

Discover more