The First Mover on Wall Street In 2019 JPMorgan quietly flicked the switch on JPM Coin, turning itself into the first global systemically important bank to put an institutional-grade stable-coin into daily production. Built on the bank’s own Quorum consortium chain and settled inside its Interbank Information Network (IIN), the token has already cleared more than USD 1.5 trillion and clocks an average USD 2 billion a day in 2024—figures that dwarf most crypto-native rivals. Market Canvas: $22...