According to CoinMarketCap, JPMorgan and DBS Bank are developing a blockchain framework for instant 24/7 transfers between their deposit token ecosystems across both public and permissioned networks, source: CoinMarketCap, Nov 12, 2025. MAS Project Guardian pilots involving JPMorgan and DBS have previously tested tokenized deposits, on-chain FX and atomic delivery-versus-payment across public chains such as Polygon and permissioned systems, demonstrating technical viability for real-time settlement, source: Monetary Authority of Singapore, Project Guardian updates Nov 2022 and Nov 2023. Onyx by JPMorgan reports that deposit tokens provide programmable, always-on settlement and can complement stablecoins for institutional on-chain payments, which is relevant for weekend liquidity and counterparty risk management, source: Onyx by JPMorgan, 2023 deposit token research. For traders, BIS analysis indicates that 24/7 interbank token rails can narrow spreads and deepen liquidity in tokenized markets, implying potential on-chain volume tailwinds if EVM public networks are utilized, source: Bank for International Settlements, 2023 blueprint on the future monetary system.

According to @WatcherGuru, JPMorgan is advancing its crypto strategy by introducing JPMD, a stablecoin-like deposit token representing commercial bank money, with plans to deploy it on Coinbase’s public blockchain Base. This move signals institutional adoption of public blockchain infrastructure and could drive liquidity and credibility for Base, potentially influencing price action for related projects and wider stablecoin trading pairs. As institutional-grade assets enter the ecosystem, traders should monitor volumes and flows on Base for early signals of market shifts. (Source: @WatcherGuru, 2024-06-04)

According to @AltcoinGordon, JPMorgan has successfully completed its first transaction on a public blockchain by utilizing Chainlink's infrastructure and the ONDO token to transfer tokenized treasuries beyond its internal network (source: Twitter, May 14, 2025). This move signifies a major step in institutional adoption of blockchain technology, enhancing interoperability between traditional finance and decentralized finance (DeFi). For traders, this development highlights growing mainstream confidence in tokenized assets, with direct relevance for ONDO and Chainlink price action. Increased integration of public blockchains by major banks like JPMorgan may drive liquidity and volatility in related cryptocurrencies.

According to Mihir (@RhythmicAnalyst), the Federal Reserve currently has no platform to launch a Central Bank Digital Currency (CBDC), making stablecoins issued on public and private blockchains the only viable alternative for digital dollar settlements (source: Twitter, May 6, 2025). This development signals increased reliance on established USD-backed stablecoins like USDT and USDC, particularly on public blockchains, while banks are expected to utilize private blockchain-based stablecoins for institutional transfers. Traders should monitor potential demand surges and regulatory developments around major stablecoins, as well as the adoption rates of private blockchain solutions, since these factors could drive liquidity shifts and volatility in the broader cryptocurrency market.