JPMorgan Pilots JPMD是Coinbase的基础上的一个以美元支持的代币，这标志着将传统融资与区块链融合的重要一步。

JPMorgan & On-Chain Payments: A Coinbase Base Breakthrough

摩根大通和链付款：共同基础突破

Hold onto your hats, folks! The financial world just got a whole lot more interesting. JPMorgan is diving headfirst into on-chain payments with their new US dollar-backed deposit token, JPMD. And guess where they're testing it out? None other than Coinbase's Ethereum Layer-2 network, Base. This move could redefine how institutions handle global settlements.

抓住你的帽子，伙计们！金融界变得更加有趣。摩根大通（JPMorgan）以其新的美元支持的代币（JPMD）首先跳入链上付款。猜猜他们在哪里测试？除了Coinbase的以太坊2层网络，基础。此举可以重新定义机构如何处理全球定居点。

JPMD: Bridging TradFi and DeFi

JPMD：桥接Tradfi和Defi

JPMorgan's blockchain unit, Kinexys, is behind JPMD, a token mirroring bank deposits 1:1. Think of it as a digital representation of cold, hard cash, but with the added superpowers of blockchain. While this isn't for your average Joe (sorry, retail users!), institutional clients are set to benefit big time. We're talking near-zero fees, 24/7 availability, and lightning-fast fund transfers across blockchain rails. This is JPMorgan blending traditional banking compliance with the flexibility of on-chain finance. Over 200 banks, brokers, fintechs and payment providers are now leveraging Coinbase's crypto-as-a-service platform for their digital asset offerings.

摩根大通的区块链单元Kinexys在JPMD后面，是一个令牌镜像银行存款1：1。可以将其视为寒冷，硬现金的数字代表，但增加了区块链的超级大国。虽然这不是您的普通乔（对不起，零售用户！），但机构客户却有益于大时。我们正在谈论跨区块链导轨的接近零费用，24/7的可用性和闪电 - 福斯特基金转移。这是摩根大通（JPMorgan），将传统银行业务与链融资的灵活性相结合。经纪人，金融科技和付款提供商现在有200多个银行利用Coinbase的Crypto-As-a-Service平台来用于其数字资产产品。

Base: More Than Just a Layer-2

基础：不仅仅是2层

Coinbase's Base isn't just sitting around; it's expanding its ecosystem. Wrapped versions of Cardano (ADA) and Litecoin (LTC) are now live as cbADA and cbLTC. Fully backed and held in Coinbase custody, these tokens let users play with ADA and LTC within Ethereum-compatible apps. Base is attracting major attention, with over 13 million unique addresses in the last week and leading in transaction counts. People are noticing Base’s open approach, focusing on bringing as many assets and users on-chain as possible.

Coinbase的基地不仅坐在身边。它正在扩大其生态系统。 Cardano（ADA）和Litecoin（LTC）的包装版本现在为CBADA和CBLTC。这些令牌完全支持并保留在Coinbase监护权中，使用户在以太坊兼容的应用程序中与ADA和LTC一起玩。基地吸引了主要的关注，上周有超过1300万个独特的地址，并领导了交易计数。人们注意到Base的开放态度，专注于尽可能多的资产和用户进行链子。

Why This Matters

为什么这很重要

JPMD's debut signals a growing trend: big banks are no longer just experimenting with blockchain. They're finding real-world uses for it in financial infrastructure. This could be a game-changer for global settlement, making it faster, cheaper, and more accessible. Plus, Coinbase's Base is proving to be a fertile ground for innovation, attracting projects and users alike. Bernstein analysts are so bullish on Coinbase that they've increased their price target for COIN to $510, noting how Coinbase connects crypto’s retail, institutional, and on-chain infrastructure.

JPMD的首次亮相标志着增长的趋势：大银行不再只是尝试区块链。他们在金融基础设施中发现了现实世界中的用途。这可能是改变全球和解的游戏规则，使其更快，更便宜且更容易访问。另外，Coinbase的基地被证明是创新的肥沃基础，吸引了项目和用户。伯恩斯坦分析师对Coinbase的看法是如此看好，以至于将硬币的价格目标提高到510美元，并指出Coinbase如何将加密货币的零售，机构和链上基础设施联系起来。

My Take

我的看法

It's exciting to see traditional finance powerhouses like JPMorgan embracing blockchain. The fact that they're choosing Coinbase's Base as their playground speaks volumes about the potential of Layer-2 networks. Base's open approach is clearly paying off, and it will be interesting to see how other institutions follow suit. Of course, regulatory hurdles and security concerns remain, but the direction is clear: on-chain finance is here to stay.

看到像摩根大通一样拥抱区块链的传统金融强国真是令人兴奋。他们选择Coinbase的基础，因为他们的游乐场表明了第2层网络的潜力。 Base的开放态度显然正在获得回报，看看其他机构如何效仿将很有趣。当然，监管障碍和安全问题仍然存在，但方向很明显：链融资将留在这里。

The Bottom Line

底线

So, what does this all mean? JPMorgan's move into on-chain payments via Coinbase Base is a big deal. It's a sign that blockchain is maturing and becoming a viable solution for real-world financial problems. And with Base leading the charge in user adoption and innovation, the future of finance looks brighter (and more decentralized) than ever. Keep an eye on this space – it's about to get wild!

那么，这全是什么意思？摩根大通通过Coinbase Base进入链上付款是很大的。这表明区块链正在成熟，并成为解决现实世界中财务问​​题的可行解决方案。随着基础领导用户采用和创新的收费，财务的未来看起来比以往任何时候都更加明亮（并且分散）。密切关注这个空间 - 它将变得疯狂！