The demand comes after reports on a joint venture led by banks to launch a stable currency which can compete with its counterparts in the cracking sector and accelerate global payments.
The JP Morgan Bank continues to explore New Opportunities in the Field of Digital Assets, as it has applied to register a brand that renewed renewed Speculation about the possibility of Issuing A Stable Currency supported by Banks, and the Request for June 15 Aims to Protect the name “JPMD” A Wide Range of Services Related to Blockchain and Digital Currencies, and Digital Currencies, and Digital Currencies, and Digital Currencies, This indicates The existence of injuring strategy aimed at expanding the role of the bank in the facilitation of digital currencies and the regulations for the use of active transfer.
It should be noted that the demand submitted to the American Patent and Trade Marquers Office includes the provision of dozens of services related to digital currency, including payments processing services, issuance and circulation of new digital currencies, strict conservation of digital assets and electronic funds for funds, which all use blockchain technology and distributed records. Although the term “stable currency” is not explicitly mentioned in the request, its formulation alludes to a platform which can take charge of this type of currency.
The largest World Bank, JPMorgan, has filed a brand so that appears are a stablecoin called “JPMD” pic.twitter.com/lqg09ga2lg
DB (@ tier10k) June 16, 2025
The demand includes the most important features required for a stable and extensible currency
The moment of this stage drew the attention of many; A few weeks before, the Wall Street Journal reported that JP Morgan and Wels Fargo and Bank of America explored the idea of launching a joint venture for stable currency, and sources told the newspaper that the objective was to compete with the stable currencies available in the Crâpto sector and simplify local and international payments.
This last request for registration of the brand is improved by the credibility of these reports, in particular that the request of JP Morgan reflects many basic technical functions necessary to operate a stable currency, such as the provision of negotiation services for direct digital currencies and electronic transfers and to settle transactions using distributed registry technologies, which has encouraged analysts to believe that legal for such a product.
JP Morgan goes ahead with his project with the discussion of the congress on the planning of the law of stable currency
Blockchain technology is not unrelated to the former American bank, because it previously discussed its Kinexys platform-known as the Onyx-Transactions worth more than 1.5 Billion of dollars in internal parallel payments of 1: 1 of its customers.
The bank’s decision came to conjunction with the start of the Washington legislators to discuss new rules related to stable currencies, because the US Senate recently approved the “engineering” project approved between the two parties, in order to set the regulatory laws supported by the US dollars (USD), and this should be submitted to the office of President Trump later this year in the event of Congress. American.
It is not difficult to know if the GMB “JPMD” will appear as a stable currency available for the public or will be used only to extend the institutional capacities of the bank, because the demand for a brand recording is a new step for one of the largest institutions of Wall Street to a future more dependent on digital solutions, in particular with the accelerated transformation of the financial sector in order to use the blockin technology.
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