
JPMorgan Brings U.S. Debt Issuance Onto a Popular Blockchain
By Arjun Parashar | 5 min read
JPMorgan is piloting the tokenization of U.S. debt issuance on a widely used blockchain, signaling a shift toward greater transparency and on-chain settlement. The move could streamline primary issuance, trading, and settlement while reducing counterparty risk through verifiable, auditable records. Industry observers caution that adoption will require standardization, regulatory alignment, and robust risk controls. The article notes potential efficiency gains but also highlights the need for governance to scale such capabilities across markets.