JPMorgan, through its blockchain division Kinexys, has officially expanded the USD deposit token JPM Coin to the Ethereum mainnet, enabling peer-to-peer transfers between institutional clients within the EVM ecosystem. Why choose Ethereum? The official statement says: 'Ethereum's established depth of onchain liquidity and tokenized assets makes it a natural next public blockchain for JPM Coin.' The key factors are the combined advantages of liquidity, tokenized asset ecosystems, institutional adoption, technical compatibility, and security, which also allow for a closed-loop integration with the bank's existing products.