JPMorgan Chase has filed a trademark application with the USPTO for “JPMD” stablecoin.

JPMorgan Chase has filed a U.S. trademark application for “JPMD,” a filing that covers crypto- and digital-asset-related services including trading, transfers, and payment processing. The application has fueled speculation that the bank is preparing a branded stablecoin or other blockchain-based money product, though JPMorgan has not publicly confirmed a launch. The filing matters because JPMorgan is the largest U.S. bank by assets, and any move by it into tokenized money could accelerate mainstream adoption of bank-issued digital dollars. The company already operates JPM Coin, a deposit token for institutional use, so the new trademark could reflect an expansion of that strategy rather than a consumer stablecoin; reports have also noted that major U.S. banks have been discussing a possible joint stablecoin initiative.

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