JPMorgan Chase applies for the "JPMD" trademark or launches stablecoin and cryptocurrency trading services for the US dollar occupy http://Watcher.Guru JPMorgan Chase has applied for the trademark "JPMD" for cryptocurrency trading and payment services, which may indicate the launch of its stablecoin J.P. Morgan Dollar denominated in US dollars. The new trademark covers functions such as cryptocurrency trading, payment, and custody. Previously, the bank had opened up Bitcoin purchase channels to customers and accepted encrypted ETFs as collateral for loans. Despite CEO Jamie Damon calling Bitcoin a "Ponzi scheme," the bank is now rapidly embracing cryptocurrency finance.