What is the difference between JPMorgan coin and Onyx coin?
JPMorgan coin is a stablecoin issued by JPMorgan, backed by US dollars in a 1:1 ratio, designed for instant payments using blockchain technology. Onyx, on the other hand, is JPMorgan's permissioned blockchain system that facilitates transactions on its network using smart contracts, providing a platform for various financial services including asset tokenization and payment channels.
What is the new JPMorgan coin?
I heard about this new JPMorgan coin and I'm curious to know more about it. What exactly is it? Is it a cryptocurrency like Bitcoin or something else? How does it work and what are its uses?