Cryptocurrency Q&A What is Onyx coin?

What is Onyx coin?

CryptoDynasty CryptoDynasty Mon Nov 11 2024 | 6 answers 1540
Onyx coin is a digital currency introduced by JPMorgan Chase as part of its Onyx blockchain platform. It's designed for wholesale transactions, allowing efficient transfer of funds, assets, and shared information among banks and financial institutions. The coin is fully backed by US dollars, providing stability and insurance-like benefits. What is Onyx coin?

6 answers

RainbowlitDelight RainbowlitDelight Wed Nov 13 2024
Onyxcoin (XCN) represents a novel decentralized digital asset.

Was this helpful?

249
46
Stefano Stefano Wed Nov 13 2024
It leverages the Ethereum blockchain for its operation.

Was this helpful?

336
34
Leonardo Leonardo Tue Nov 12 2024
This digital asset holds a pivotal role within the Onyx Protocol.

Was this helpful?

361
26
ShintoBlessing ShintoBlessing Tue Nov 12 2024
The Onyx Protocol is a platform that promotes peer-to-peer transactions.

Was this helpful?

277
49
Elena Elena Tue Nov 12 2024
Users can engage in lending and borrowing activities on this platform.

Was this helpful?

259
45
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts