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From: Free Thinking Doggie
JPMorgan Launches Blockchain-Based Deposit Token on Coinbase’s Base Network JPMorgan has launched JPM Coin, a blockchain-based deposit token for institutional clients, enabling near-instant payments via Coinbase’s Base network, Bloomberg reported. Unlike stablecoins, JPM Coin is a digital claim on actual bank deposits and may offer interest, making it attractive to institutional investors. The token settles transactions 24/7, a shift from traditional bank transfers that often take days. The rollout follows trials with Mastercard, Coinbase and B2C2. JPMorgan plans to expand JPM Coin to other blockchains and currencies, pending regulatory approval. Coinbase will also accept the token as collateral.

Current Thread	Author	Time
JPMorgan Launches Blockchain-Based Deposit Token on Coinbase’s Base Network...[more]	Free Thinking Doggie	13:30:53
>> .....[more]	Free Thinking Doggie	13:45:27

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