<p><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDYvMDE5NzdmNzMtNmEwNS03MDkzLWE2NDctNWU5MDFjNDY1Y2Ey.jpg" alt="JPMorgan pushes JPMD pilot on Base, says deposit tokens beat stablecoins"></p><p>Once the pilot phase ends, Coinbase’s institutional clients can begin using JPMD for transactions.</p>