JPMorgan has launched its blockchain-based JPM Coin for institutional clients, extending its use from private systems to public blockchain settlements.
The coin enables 24/7 cross-border transactions using on-chain cash solutions, connecting institutional bank accounts with blockchain liquidity.
The initiative, in collaboration with Coinbase’s Base network, marks JPMorgan’s first public blockchain pilot. It aims to enhance settlement efficiency and interoperability while maintaining regulatory compliance.
This development could reshape institutional payment systems and expand blockchain adoption in traditional finance.
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