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.
6 answers
RainbowlitDelight
Wed Nov 13 2024
Onyxcoin (XCN) represents a novel decentralized digital asset.
Stefano
Wed Nov 13 2024
It leverages the Ethereum blockchain for its operation.
Leonardo
Tue Nov 12 2024
This digital asset holds a pivotal role within the Onyx Protocol.
ShintoBlessing
Tue Nov 12 2024
The Onyx Protocol is a platform that promotes peer-to-peer transactions.
Elena
Tue Nov 12 2024
Users can engage in lending and borrowing activities on this platform.