2026-01-07 21:22:32

JPMorgan Chase officially announced a major decision: to migrate the stablecoin JPM Coin from its current blockchain infrastructure to the Canton network by 2026. This move marks another strategic adjustment by Wall Street’s leading institutions in digital financial infrastructure.

Previously, JPM Coin was deployed on JPMorgan’s proprietary blockchain platform. What does this migration to the Canton network mean? Simply put, it will operate on a more efficient and secure underlying network, with transaction settlement speeds expected to improve significantly. This is especially critical for institutional-level cross-border payments and asset clearing scenarios.

From a market perspective, this move reflects a changing attitude among traditional financial institutions toward blockchain technology. Major banks like JPMorgan and Goldman Sachs are increasingly investing in DeFi and on-chain finance, which will undoubtedly attract more institutional capital. The stablecoin ecosystem will also benefit, with competitors like USDC and USDT potentially following suit with similar infrastructure upgrades.

However, it’s important to note that there are always uncertainties between announcement and actual implementation. Large financial institutions tend to have slow progress in technology migrations, and the stability of the Canton network under ultra-large-scale transaction environments still needs observation. Additionally, changes in the regulatory environment could also impact the final timeline.

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LuckyBlindCat

· 01-07 21:50

Is 2026 still far away? But JPM's move is definitely a chess game By the way, can Canton handle the size of big banks? Will it just be another PPT project then? JPMorgan is no longer using its own chain and switching to Canton. Why do I feel it's a bit strange... Wait, doesn't this mean the stablecoin ecosystem competition is getting more intense? Regulations will likely change several times by 2026. But this timetable is just talk. Wall Street is starting to band together to develop on-chain finance. What about opportunities for ordinary people? A group of large institutions are playing inside. Can the Canton network withstand it? Do they have any idea? Migration stuff, is it really just set for 2026? I bet five cents this will be delayed.

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RugPullAlertBot

· 01-07 21:40

Say it again in 2026, it's ridiculous to announce this now JPM Coin冲Canton... can it really run? Another hype, wait until it lands before believing I'm familiar with Wall Street's tricks, hype first, then default Can Canton network withstand it? That's the real question JPMorgan wants to cut the leeks again The actual implementation is probably delayed until 2027 haha Once regulations change, everything has to start over, these people just love to make empty promises

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BloodInStreets

· 01-07 21:38

2026? To put it nicely, it's called a strategic adjustment; to be blunt, it's betting that Canton Network won't crash. Big funds love this trick—drawing a pie first, then seeing if it can actually be realized. JPM's move is quite good, but I bet five dollars that Canton will still encounter issues when handling truly large-scale transactions. At that point, they'll have to change their tune again. Wall Street's entry will indeed bring in blood-sucking capital, but don't be blinded by this good news—those who truly make money are always the ones who lay in wait early, not the bandwagon chasers. Once regulations change, this timetable will probably be pushed back again... I've seen too many of these tricks.

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