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JPM Coin is a dollar-backed cryptocurrency from the bank JP Morgan Chase, announced in February 2019 as an institution-to-institution service. [1] [2] [3]JPM Coin is intended to serve as a value token on the Quorum consortium blockchain, using software (called "Quorum") also built by JPMorgan Chase, and is used to facilitate interbank payments on the Interbank Information Network (IIN).
A case in point is JPMorgan Chase's "JPM Coin," a corporate stablecoin launched shortly after the 2017 crypto bubble that seemed doomed to ... Egg prices may increase up to 20% as top farm tests ...
Bank of America and JPMorgan Chase are already using the coin in that capacity, and more financial institutions are likely to join them if it continues to reduce the friction of international ...
Yahoo Finance 8 minutes ago Jamie Dimon doubles down on RTO plans after testy town hall audio leak: 'We're going back to the office' JPMorgan Chase CEO Jamie Dimon on Monday expressed regret about the expletives he used during a recent employee town hall, but he didn’t back down from his core message that em…
On March 24, 2008, after public discontent over the low acquisition price threatened the deal's closure, ... J.P. Morgan announced the launch of JPM Coin, ...
JPMorgan Chase CEO Jamie Dimon has said that the company’s new cryptocurrency JPM Coin could have a consumer use one day, CNBC reported on Feb. 26. During a question-and-answer session, Dimon ...