TechFlow, July 19 — According to The Block, JPMorgan analysis indicates that regulatory authorities in multiple countries, including the Bank of England, tend to support non-bearer tokenized bank deposits over stablecoins, as the former settle at par value and better align with the "fungibility" principle of fiat currency. Despite this, stablecoins still hold advantages in liquidity and convenience.
Additionally, JPM is currently testing a permissioned tokenized deposit product called JPMD on Base.




