JPMORGAN，COINBASE和JPMD：用存款令牌革新機構融資

摩根大通（JPMorgan）和Coinbase正在與JPMD一起開創機構融資的新時代，JPMD有望改變B2B付款和鍊子定居點。

Hold onto your hats, Wall Street! JPMorgan Chase and Coinbase are shaking things up with JPMD, a deposit token poised to redefine how institutions handle money. Forget those sleepy bank transfers; we're talking near-instant settlements and real-time liquidity, all thanks to the power of blockchain. Let's dive into what this means and why it matters.

抓住你的帽子，華爾街！摩根大通（JPMorgan Chase）和Coinbase正在用jpmd搖晃一切，這是一個有資金來重新定義機構如何處理資金的押金。忘記那些困倦的銀行轉移；我們正在談論近乎建立的定居點和實時流動性，這要歸功於區塊鏈的力量。讓我們深入了解這意味著什麼以及為什麼它至關重要。

What is JPMD?

什麼是JPMD？

JPMD isn't your average stablecoin. It's a deposit token, a digital representation of a bank deposit managed using blockchain technology. Think of it as a claim on a deposit at JPMorgan Chase, but with the added benefits of blockchain: speed, security, and 24/7 availability.

jpmd不是您的平均穩定性。這是一個存款令牌，是使用區塊鏈技術管理的銀行存款的數字代表。將其視為摩根大通（JPMorgan Chase）的押金的主張，但具有區塊鏈的額外好處：速度，安全性和24/7的可用性。

JPMorgan and Coinbase Partnership

JPMorgan和Coinbase Partnership

JPMorgan is issuing JPMD on Base, Coinbase’s public Ethereum-based blockchain. This collaboration is a big deal. According to Jesse Pollack, VP of engineering at Coinbase, the partnership “combines the credibility of both JPMorgan and Base to help bring institutional money into a more global economy.”

摩根大通（JPMorgan）將在Coinbase的基於以太坊的公共區塊鏈基礎上發行JPMD。這項合作很重要。根據Coinbase工程副總裁Jesse Pollack的說法，合作夥伴關係“結合了摩根大通和基地的信譽，以幫助將機構資金帶入更全球的經濟。”

Deposit Token vs. Stablecoin

存入令牌與Stablecoin

What's the difference between a deposit token and a stablecoin? While stablecoins like Tether's USDT and Circle's USDC are popular for retail crypto trading and remittances, deposit tokens are tailored for institutional clients. Naveen Mallela, global co-head of JPMorgan Chase’s blockchain division Kinexys, explains that deposit tokens are issued by a licensed bank, making them seamlessly integrated into existing institutional financial systems.

存款令牌和穩定幣有什麼區別？諸如Tether的USDT和Circle的USDC之類的Stablecoins在零售加密貨幣交易和匯款方面很受歡迎，但存款令牌是為機構客戶量身定制的。摩根大通（JPMorgan Chase）區塊鏈Kinexys的全球聯合負責人Naveen Mallala解釋說，存款令牌是由許可銀行發行的，使它們無縫集成到現有的機構金融系統中。

Mallela added, "Institutional clients can treat JPMD as bank deposits on their balance sheet, providing certainty around financial and accounting treatment.” Each JPMD token represents a deposit claim against JPMorgan, backed by the same liquidity frameworks as traditional banks.

Malala補充說：“機構客戶可以將JPMD視為資產負債表上的銀行存款，從而確定了財務和會計處理。”每個JPMD代幣都代表針對摩根大通的存款索賠，並由與傳統銀行相同的流動性框架支持。

The Advantages of JPMD

JPMD的優勢

JPMD offers several key advantages:

JPMD提供了幾個關鍵優勢：

• Speed and Efficiency: Enables fast, secure, 24/7 money movement between trusted parties.
• Institutional Focus: Designed for corporations, pension funds, and other institutional clients.
• Regulatory Compliance: Operates within traditional banking regulations, offering a compliant alternative to stablecoins.
• Integration with Traditional Systems: Seamlessly integrates with JPMorgan's existing banking infrastructure, reducing liquidity silos.

My Take

我的看法

JPMD has the potential to be a game-changer for institutional finance. By leveraging blockchain technology while adhering to banking regulations, JPMorgan and Coinbase are bridging the gap between traditional finance and the digital asset world. For instance, cross-border B2B payments, traditionally a slow and costly process, could become near-instant and significantly cheaper. This could unlock new opportunities for global trade and investment.

JPMD有可能成為機構財務的改變遊戲規則。通過在遵守銀行法規的同時利用區塊鏈技術，摩根大通和Coinbase正在彌合傳統金融與數字資產世界之間的差距。例如，傳統上這是一個緩慢而昂貴的過程，跨境B2B付款可能會變得近乎穩定且便宜。這可以為全球貿易和投資開闢新的機會。

The Future of Finance?

財務的未來？

JPMD is just the beginning. As more institutions explore deposit tokens, we can expect to see a transformation in how money moves around the world. It's an exciting time to be in finance, folks! Who knew banking could be so…dare I say…cool?

jpmd只是開始。隨著越來越多的機構探索存款令牌，我們可以期望看到金錢如何在世界各地轉變。伙計們，這是一個令人興奮的時刻！誰知道銀行業可能是如此……我敢說……酷？