According to the statement made by a JPMorgan executive, the company’s JPM Coin system sees large amounts of transaction volume per day.
According to the statement made by Takis Georgakopoulos, JPMorgan’s global manager in charge of the payment unit, the company’s Payment system called JPM Coin has a daily transaction volume of 1 billion dollars taking.
Speaking to Bloomberg, Georgakopoulos said, “Today, for some large companies, 1 billion dollars every day “We are going through it.” said.
JPMorgan, through its more traditional platforms $10 trillion worth of payment transactions per day is going through.
Although JPM Coin’s transaction volume remains small compared to this, this number shows that JPM Coin has experienced significant growth in the last few months. JPMorgan made a statement in June that JPM Coin has been operating since 2020. More than $300 billion He stated that he saw transaction volume.
At the time of its establishment, the JPM Coin system only supported transactions made in US dollars, but in June this was changed. euro was also added.
JPMorgan’s system currently only corporate customers available for use. According to the statements made by Georgakopoulos, JPM Coin will be available in the future. to individual customers It is planned to open in .
JPM Coin, a blockchain-based system, is available to JPMorgan’s corporate customers. 24/7, fast transfers it enables it to do.