Why JPMorgan and Shopify Are Rolling Out New Products on Ethereum Layer 2 Base - Ep. 855

In this episode of Unchained, Laura Shin interviews Jesse Pollak, head of BASE and Coinbase Wallet, about JPMorgan's launch of JPMD, a USD deposit token for institutional clients on BASE, and Shopify's move to rebuild its commerce stack on-chain. Pollak explains JPMD's function in streamlining internal settlements for JPMorgan's institutional clients, highlighting its efficiency and global accessibility. He also discusses BASE's scaling efforts, its commitment to Ethereum, and the vision of a future where traditional financial infrastructure integrates with blockchain technology, making financial services more efficient and accessible. The conversation also touches on Coinbase's new feature allowing users to automatically access and trade DEX tokens, and the measures being taken to ensure user safety in the permissionless environment.