Emma Landriault from JP Morgan: Deposit Tokens Explained, Inside JPM Coin and Institutional Onchain Payments

Episode description

‍

In this episode of the Applied Blockchain Podcast, Adi Ben-Ari speaks with Emma Landriault, Executive Director, Product - JPM Coin, about what it actually takes to move regulated, institutional money onchain, and why deposit tokens may become the backbone of programmable payments for banks and their clients.

Drawing on Emma’s background as a blockchain and digital asset product lead across major banks, including JP Morgan, the conversation explores the practical realities behind “institutional-grade” tokenized money: 24/7 settlement rails, treasury automation, compliance controls, interoperability, and the difference between technical vs. economic fungibility.

‍

Together, Adi and Emma explore, including but not limited to:

‍

• What deposit tokens are, and how they differ from stablecoins
• Why treasury and liquidity management is emerging as the killer use case for programmable money
• How institutional payment rails reduce friction
• What it means to bring regulated bank money to public blockchain environments
• Why interoperability is the next major frontier
• The building blocks required for payment tokens to meet compliance realities

Resources Mentioned

• The Financial Times
• Research reports (Coinbase, Galaxy, Standard Chartered)
• Bank for International Settlements (BIS) bulletins
• Hard Fork podcast
• Token standards research with MIT Digital Currency Initiative (MIT DCI) on capabilities needed for regulated payment tokens