JPMorgan Files ‘JPMD’ Trademark — Is a Stablecoin Launch Coming?

Tue Jun 17 2025
JPMorgan Chase has filed a trademark for “JPMD,” hinting at a potential stablecoin. Here’s what the application reveals — and what it could mean for crypto markets.

🏦 JPMorgan Might Drop a Stablecoin — and They’re Calling It JPMD

Wall Street’s biggest bank just filed a crypto trademark. No one’s saying “stablecoin” — but the subtext screams it.


🔍 JPMD: A Trademark With a Ton of Subtext

JPMorgan just filed a new trademark: “JPMD”. No press release. No fanfare. But here’s what the application quietly covers:

💳 Payment tokens 🔗 Blockchain-powered currencies 💱 Digital asset exchange & trading 💼 Electronic fund transfers 📈 Securities brokerage ⚖️ Custody & real-time token trading

They’re describing a stablecoin without saying the word “stablecoin.”


🧠 Wait — Didn’t JPMorgan Hate Crypto?

Yup. CEO Jamie Dimon has roasted Bitcoin publicly for years.

“Bitcoin is a fraud.” “Stay away from it.”

But behind the scenes? JPMorgan built its own internal coin system, supports crypto exchanges, and runs its blockchain-based payments infrastructure for years.

Now, with JPMD, the bank might finally go public with a retail-facing stablecoin.


🏛 Why It’s a Big Deal

JPMorgan’s move comes as stablecoins are booming — and regulators are warming up.

💥 Circle just IPO’d 🏦 Bank of America is cooking its own stablecoin 🛒 Amazon and Walmart are exploring digital currencies

And in D.C., the GENIUS Act (stablecoin regulation bill) is likely to pass soon. Translation: now is the perfect time to file quietly and build in public.


🕵️‍♂️ But Is JPMD Actually Coming?

Not officially.

🚫 No announcement 💸 Just a 1,150 USPTO filing 🛠 Could be: — a placeholder — a test balloon — a full-on product in stealth mode

But with that scope of services listed, it’s more than just brand protection.


🧭 TL;DR

📝 JPMorgan filed a trademark for JPMD — covering blockchain, payments, custody, and tokens 💵 No word “stablecoin” used — but it’s all over the subtext 👀 Comes as GENIUS Act nears passage and TradFi eyes stablecoins 🧊 CEO Jamie Dimon might hate Bitcoin, but JPM is still building 🚨 JPMD could be the first Wall Street stablecoin — or just the beginning

When the biggest bank moves, it rarely announces it. It just... moves.

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