MATLAB ships with one specific version of the JRE. This version is validated and fully supported with MATLAB.
However, you can configure MATLAB to use other version of JRE by following this article. Since R2021b, jenv and matlab_jenv commands are introduced to set Java path for MATLAB, which makes this configuration process much easier. 

If I used either command and configured MATLAB to use a non-default JRE, how will it impact deployed applications that this MATLAB compiles?
Can I configure JRE for MATLAB Runtime?MATLAB ships with one specific version of the JRE. This version is validated and fully supported with MATLAB.
However, you can configure MATLAB to use other version of JRE by following this article. Since R2021b, jenv and matlab_jenv commands are introduced to set Java path for MATLAB, which makes this configuration process much easier. 

If I used either command and configured MATLAB to use a non-default JRE, how will it impact deployed applications that this MATLAB compiles?
Can I configure JRE for MATLAB Runtime? MATLAB ships with one specific version of the JRE. This version is validated and fully supported with MATLAB.
However, you can configure MATLAB to use other version of JRE by following this article. Since R2021b, jenv and matlab_jenv commands are introduced to set Java path for MATLAB, which makes this configuration process much easier. 

If I used either command and configured MATLAB to use a non-default JRE, how will it impact deployed applications that this MATLAB compiles?
Can I configure JRE for MATLAB Runtime?  MATLAB Answers — New Questions

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