From TokenPost · · 40s
JPMorgan Launches JPM Coin on Ethereum for Institutions
JPMorgan offers JPM Coin dollar deposit tokens to institutions on Ethereum for 24/7 blockchain payments.
In brief
JPMorgan offers JPM Coin dollar deposit tokens to institutions on Ethereum for 24/7 blockchain payments. JPMorgan will provide institutional customers with JPM Coin dollar deposit tokens on Ethereum for round-the-clock onchain payments and settlement. Originally reported by TokenPost.
JPM Coin Deposit Tokens
JPMorgan will make JPM Coin dollar deposit tokens available to institutional customers on Ethereum for round-the-clock onchain payments and settlement.
Ethereum Rollout Purpose
The Ethereum rollout targets large crypto industry customers for onchain payments and financial institutions for tokenized-asset trades.
JPM Coin Applications
JPM Coin supports payments and financial-asset transactions: crypto customers send or receive funds, institutions settle tokenized-asset trades.
The headline
JPMorgan will provide institutional customers with JPM Coin dollar deposit tokens on Ethereum for round-the-clock onchain payments and settlement.
