J.P. Morgan's cryptocurrency is called JPM Coin, a stablecoin based on blockchain technology. It's value is pegged to the US dollar, with 1 JPM Coin equal to 1 USD. The coin is designed for cross-border payments, settlement, and other financial transactions, aiming to improve efficiency and transparency.
7 answers
CryptoQueen
Sat Nov 16 2024
JPM Coin serves as a payment rail, facilitating seamless transactions.
Leonardo
Sat Nov 16 2024
It also functions as a deposit account ledger, keeping track of client funds.
Raffaele
Sat Nov 16 2024
We have launched a groundbreaking product solution named JPM Coin.
Nicola
Sat Nov 16 2024
Participating J.P. Morgan clients can utilize this system to transfer US Dollars.
CryptoVisionary
Sat Nov 16 2024
This system operates on a permissioned basis, ensuring security and reliability.