Alchemy Powers J.P. Morgan's USD Deposit Token
**๐ฆ HUGE ANNOUNCEMENT FOR ALL THE ALCHEMY COMMUNITY!! @โeveryone ๐ **
:redutility4: ** Alchemy Supports J.P. Morgan's Historic USD Deposit Token Launch** :alchemy: ๐
Weโre so excited to celebrate this moment with our community :confetticat:
J.P. Morgan just launched its first USD deposit token and they did it using our Smart Wallets.
Their web2 institutional clients get to interact with onchain deposits but with familiar banking UX.
Finance on crypto rails with zero gas fees, zero crypto complexity and no crypto on the bankโs balance sheet.
The tools are ready. The UX is solved. Finance onchain for the masses isn't coming... it's here. :hypeparty:
:arrow_pink: Read the full story: https://bit.ly/4nf6p9e
**This feels like a major inflection point for the entire space. ๐ **
**What are your thoughts? Drop your takes in #๐ฌโdev-talk channel ! ๐ **
J.P. Morgan USD Token Launch on the Blockchain with Alchemy

J.P. Morgan launches first USD deposit token on public blockchain infrastructure, supported by Alchemy's enterprise-grade smart wallets and tooling.