JPMorgan’s JPM Coin, representing dollar deposits, is coming to Ethereum: Bloomberg
JPMorgan’s dollar deposit token is heading to Ethereum as the lender looks to offer it to wider selection of institutional clients.
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摘要
- JPMorgan will make JPM Coin, a token representing dollar deposits at the bank, available to institutional clients on Ethereum, Bloomberg reported.
- The bank said Ethereum’s liquidity makes it attractive for crypto companies seeking blockchain payments and financial firms settling trades or backing tokenized assets.
- The move expands JPMorgan’s blockchain efforts beyond its private Kinexys network, which processes more than $7 billion in transactions daily.
