JPMorgan Launches Blockchain-Based Deposit Token JPM Coin for Institutional Transfers
JPMorgan has formally launched blockchain-based deposit token JPM Coin for institutional shoppers. The token represents greenback deposits on the financial institution, permitting customers to ship and obtain cash through Coinbase’s Base public blockchain. Naveen Mallela, international co-head of JPMorgan blockchain division Kinexys, told Bloomberg on Wednesday that the rollout will allow funds to course of…
