The DefiantOctober 25, 20262 min read
Tokenized Deposits vs. Stablecoins: What JPM Coin and USDC Holders Own
USDC holders can transfer tokens without a Circle Mint account, but direct dollar redemption requires one.

USDC holders can transfer tokens without a Circle Mint account, but direct dollar redemption requires one. JPM Coin limits participation to approved institutional clients.
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