JPMorgan’s New ‘JPMD’ Trademark: A Stealthy Move Toward Crypto Dominance?

JPMorgan Chase just dropped a major hint about its crypto ambitions with a new trademark filing: “JPMD.”

The application lists a slew of blockchain services—payments, trading, clearing—and has everyone wondering: Is a JPMorgan stablecoin coming?

Rumors have been swirling since the Wall Street Journal reported that JPMorgan, Bank of America, and Wells Fargo might team up to launch a bank-backed stablecoin.

If true, this could shake up the crypto payments space, pitting legacy banks against crypto’s biggest stablecoin players.