JPMorgan's Global Head of Payments says the blockchain-based JPM Coin now handles $1B in transactions per day and the bank plans to continue widening its usage
- JPM Coin allows blockchain-based payments by wholesale clients — Token is a rare instance of live blockchain use by a big bank
JPMorgan expands its JPM Coin, launched in 2019 for USD transactions, to euro payments; the bank has used the token to process ~$300B in transactions to date
JPMorgan Chase & Co. expanded one of the most high-profile projects to bring blockchain technology to traditional banking …
JPMorgan says its digital token JPM Coin is now live for commercial use, as the bank launches new business unit Onyx for its blockchain and crypto efforts
- JPMorgan Chase said its digital currency, JPM Coin, is being used commercially for the first time this week by a large technology client to send payments around the world.
Following JPMorgan's JPM Coin, Wells Fargo announces plans to pilot a US dollar-linked stablecoin for internal settlement beginning next year
U.S.-based financial giant Wells Fargo is developing a U.S. dollar-linked stablecoin that will run on the firm's first blockchain platform.
JP Morgan has created JPM Coin, a digital token tied to the US dollar that will be used to instantly settle transactions; trials set to start in a few months
Also mistaken identity, buybacks … Marie Huillet / Cointelegraph : Ripple CEO Brad Garlinghouse Says JPMorgan Coin ‘Misses the Point’ of Crypto John P. Njui / Ethereum World News : 'Bank Coins Still A...