JPMorgan Launches JPM Coin, Institutional Dollar Payments Go Blockchain

TLDR: JPM Coin allows instant, 24/7 institutional dollar transfers on blockchain. Each token is backed 1:1 by JPMorgan-held dollar deposits. Base blockchain powers JPM Coin for speed and transparency. JPM Coin supports treasury, liquidity, and cross-border banking efficiency. JPMorgan has officially launched JPM Coin, a blockchain-based deposit token for institutional clients amid growing crypto adoption. [...]

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