JPMorgan Files ‘JPMD’ Trademark For Crypto Payment Services
The bank has filed a new trademark application for “JPMD”, potentially signaling the launch of services tied to crypto trading, tokenized payments, custody, and real-time blockchain transactions. Filed on June 16 with the U.S. Patent and Trademark Office, the “JPMD” mark covers a wide range of offerings — from digital asset trading and fund transfers to crypto-secured financial services and token exchange platforms. While still in early review, this move underscores JPMorgan’s continued commitment to shaping the digital financial infrastructure. Source : coingape
From checkout lanes to blockchain?
Walmart, Amazon, and Expedia exploring stablecoins? Major retailers are looking into issuing or using stablecoins to streamline payments, cut fees, and accelerate settlement—especially across borders according to the WSJ. Their next move may hinge on the Genius Act, a bill aiming to create a clear U.S. regulatory framework for stablecoins. Source : wsj
The US Senate has advanced the GENIUS stablecoin bill with a 68-30 vote, setting it up for debate and a full floor vote before potentially heading to the House.
DO NOT UNDERESTIMATE THE CONSEQUENCES OF THIS BILL !!! 1. Clear Regulatory Standards and Reduced Uncertainty on stablecoins should lead to accelerated Institutional Adoption and Mainstream Integration By providing a transparent legal framework, the Act is expected to encourage major financial institutions (such as banks) to issue and use stablecoins, integrating them more fully into mainstream finance. This could lead to greater liquidity, increased competition, and more innovation in digital payments and financial services. 2. Market Consolidation and Competitive Filtering The Act is likely to eliminate weaker or non-compliant stablecoins, resulting in a more concentrated and competitive market dominated by well-regulated issuers. The big guys are likely to grab more market share 3. Strengthening the U.S. Dollar’s role as the leading mean of payment By mandating that stablecoins be backed by U.S. dollar assets, the Act would reinforce the dollar’s status as the world’s main payment currency 4. Increase demand for U.S. Treasury debt. This move is seen as a strategic effort to maintain American leadership in global finance and absorb more government debt through stablecoin reserves. 5. Counter-attack against the probable rise of the digital yuan and non-dollar CDBCs The GENIUS Act mandates that U.S. stablecoins be fully backed 1:1 by U.S. dollars or short-term Treasuries, ensuring that digital dollars remain trusted, liquid, and globally accessible. This strengthens the U.S. dollar’s position as the world’s primary digital settlement currency, directly countering efforts by China to internationalize the eYuan (digital yuan) as a global payment standard. By making digital dollars safe, legal, and widely available, the GENIUS Act helps prevent a scenario where the eYuan could displace the dollar in international trade and finance. This protects U.S. economic influence and the purchasing power of Americans
BITCOIN BALANCE ON EXCHANGES HITS AN ALL TIME LOW.
Source: Crypto Quant
The SEC has asked Solana ETF issuers to submit amended S-1 forms within a week, potentially putting approval on track for July.
Source: cointelegraph
What do these 3 charts have in common? 🚀🚀🚀
Source: Trend Spider
Circle stock ($CRCL) surges 168% in blockbuster NYSE Debut as stablecoin giant goes public.
The stablecoin issuer's shares closed at $83.23, marking the crypto industry's second-largest public listing. The stablecoin giant's first day as a public company saw explosive trading activity, with 47.1 million shares changing hands as the stock swung between a daily high of $103.75 and low of $66.60. The dramatic price action pushed Circle's market capitalization to $16.7 billion by the closing bell, a remarkable turnaround for a company that had priced its IPO below its previous private market valuation. Circle's successful flotation represents the largest crypto-related public listing since Coinbase's 2021 debut and marks a watershed moment for the stablecoin sector. The Boston-based company raised $1.05 billion in an upsized offering that comes three years after a failed attempt to go public through a $9 billion SPAC transaction that collapsed in 2022. Source: www.blocklead.co
The tide starting to turn for Ether $ETH: longest stretch of inflows of 2025.
Source: zerohedge
