Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

JPM Coin, a deposit Token launched by JPMorgan for institutional users.

robot
Abstract generation in progress

[JPM Coin for Institutional Users] According to Bloomberg, JPMorgan has begun offering a deposit token called JPM Coin to institutional clients, which is the latest move by financial institutions to expand their digital asset business. The token represents the dollar deposits of the world's largest bank, allowing users to send and receive funds via the CEX-associated public chain Base. Naveen Mallela, the Global Co-Head of Kinexys at JPMorgan's blockchain division, stated in an interview that this enables payments to be completed in seconds and processed 24/7, rather than the traditional days and working hour limitations.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)