JPM Coin, the blockchain-based payment system created by US banking giant JPMorgan (JPM), has started to support euro transactions.
A report by Bloomberg stated that JPMorgan has started euro transactions for JPM Coin. Responsible for JPMorgan’s Europe, Middle East and Africa Başak Toprak, President of Coin Systems In a statement, JPM Coin June 22 as of euro announced the start of service for operations. the service in question corporate customers only presented.
Soil told Bloomberg that payment systems to the advantages made the following statements about it:
Paying at the right time has cost advantages. This could mean that users can earn more interest income from the deposits they have.
The JPM Coin payment system was originally 2019 in the USA for the dollar had started. According to the records, JPM Coin has so far over $300 billion hosted the transaction. JMP Coin basically transfers And payments It is a stablecoin used for
By using blockchain technology, JPM Coin enables more banking transactions. overspeed, productivity And security aims to present. However, the use of this coin is limited among JPMorgan’s customers, which limits its adoption rate and availability.