JPMorgan Chase & Co. has teamed up with Coinbase to introduce crypto-backed lending services and digital asset integration in the U.S. This collaboration will feature the JPMD Deposit Token on the Base blockchain, specifically targeting institutional clients to boost liquidity and investment in Bitcoin, Ethereum, and stablecoins. Coinbase has also announced plans to enable Chase credit card usage on its platform, allowing users to redeem reward points for USDC and link accounts directly. This partnership marks a significant shift in U.S. banking towards crypto integration, potentially impacting both the DeFi sector and traditional finance.