JPMorgan logo displayed on a smartphone screen and in the background. Source: Rafael Henrique - stock.adobe.com

Key Takeaways:

JPMorgan filed a trademark for “JPMD,” hinting at a new digital asset or stablecoin venture.
The filing details services for digital asset trading, transfers, and blockchain-based payments.
The move follows legislative progress on stablecoin regulation and echoes industry speculation linking “JPMD” to a potential “JPMorgan Dollar.”

JPMorgan Chase has filed a U.S. trademark application for “JPMD,” signaling a potential expansion into blockchain and digital asset services.

The filing outlines a broad range of crypto-related offerings, including trading, exchange, transfer, clearing, and payment processing of digital assets.

The world’s largest bank, JPMorgan, has filed a trademark for what appears to be a stablecoin called ‘JPMD’ pic.twitter.com/LQg09Ga2LG
— db (@tier10k) June 16, 2025

It also includes support for virtual currencies, digital tokens, and blockchain-powered systems.

While the word “stablecoin” is not explicitly mentioned, the move has sparked speculation that JPMD could stand for “JPMorgan Dollar,” potentially linked to a joint stablecoin initiative with Bank of America, Wells Fargo, and others, as reported by The Wall Street Journal.

This could position JPMorgan to compete with existing stablecoin issuers, focusing on improving domestic and cross-border payment efficiency.

The filing aligns with recent legislative momentum, notably the U.S. Senate’s 68-30 vote advancing the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins Act), which supports regulated stablecoin development.

Despite CEO Jamie Dimon’s criticism of Bitcoin, JPMorgan remains active in blockchain innovation, recognizing its value in modernizing financial infrastructure.

The trademark reflects JPMorgan’s intent to deepen its role in digital finance.