JPM Coin, the token of banking giant JPMorgan, can now be programmed according to users’ wishes.
Customers using JPMorgan’s JPM Coin for blockchain-based settlements will automatically pay according to predetermined conditions They will be able to program it accordingly.
JPMorgan clients will be able to set certain conditions and automatically move their funds to guard against overdue payments or margin calls.
Customers before this on a certain date He could give a payment order to be realized. However, thanks to the new feature, their accounts Will pay when certain criteria are met They can program it this way.
“This new feature helps customers react dynamically to developments, which is crucial in this era where 24/7 payment infrastructures are proliferating and reacting to volatility has become essential,” JPMorgan said. said.
JPMorgan launched JPM Coin in 2019 to enable its corporate customers to make wholesale payments via blockchain. According to the statements made last month, JPM Coin 1 billion dollar transaction volume sees.