JPMorgan expanded its blockchain payments offering today, while Strategy, Strive and Bitmine disclosed additional cryptocurrency purchases. October 19 also brought new payments partnerships, a crypto licensing update and Mastercard’s latest move into stablecoin security.
JPMorgan Opens Ethereum Access for JPM Coin
JPMorgan confirmed on October 19 that JPM Coin had been deployed on Ethereum and was available to institutional customers. The token represents dollar deposits held at the bank, giving eligible clients another blockchain through which to move those funds. The launch extends JPM Coin’s availability beyond its existing presence on Base.
Strategy Adds Bitcoin and Expands Its Buyback Authorization
Strategy’s October 19 filing disclosed approximately $22.1 million in Bitcoin purchases completed between October 12 and 18. The additional 267 BTC increased its holdings to 848,517 BTC. Alongside the treasury update, the company reported repurchasing $193.1 million of its STRC preferred stock and raising its overall preferred-securities repurchase authorization from $2 billion to $3 billion.
Strive Discloses Another $100 Million Bitcoin Purchase
Strive reported on Monday that it had spent roughly $100 million acquiring 1,223 BTC between October 14 and 16, taking its Bitcoin holdings to 36,818 BTC. Its average purchase price for that batch was approximately $81,734 per coin. The disclosure also showed $317.5 million in cash as of October 16.
Bitmine Reports More Than Five Million ETH Staked
Bitmine’s latest treasury announcement showed that it added 12,535 ETH during the preceding week, bringing its holdings to 6,041,481 ETH as of October 18. In the update released today, the company said 5,067,309 ETH was committed to staking through its MAVAN platform and other providers. That puts approximately 84% of its reported Ether holdings to work earning staking rewards.
Coinbase and Thunes Connect Stablecoins With Local Payouts
A partnership announced today will combine Coinbase’s stablecoin services with Thunes’ international payments network. Coinbase plans to use that network to deliver funds into local bank accounts and mobile wallets, while Thunes will gain access to Coinbase’s stablecoin infrastructure. The companies identified supplier payments, worker payouts and remittances among the uses they intend to support.
Revolut Gains Gibraltar Authorization for Crypto Services
Revolut announced a Gibraltar regulatory approval today as it prepares to expand its digital-asset business internationally. The permission covers its Revolut Global Digital Assets subsidiary and includes custody, staking and the handling of customer crypto orders. The company has yet to identify the additional markets or launch dates that will follow from the authorization.
Mastercard Introduces Screening for Stablecoin Payments
Mastercard unveiled Stablecoin Security on October 19, a service designed to help payment providers assess a transaction before funds move onchain. Its screening brings together indicators of fraud, scams and sanctions exposure, with Borderless.xyz and Keyrails named as initial partners. Mastercard is targeting North America first and plans broader commercial availability in 2027.
Mesh and Visa Plan Payments From Crypto Wallet Balances
Mesh announced a Visa partnership today that would allow participating wallet platforms to offer purchases funded directly from customers’ crypto and stablecoin balances. Mesh will manage the funding and conversion, while merchants receive payments through their existing Visa checkout arrangements. Supported platforms, devices and initial availability will be disclosed as the rollout takes shape.