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2019-02-15 13:59:31

JP Morgan Set to Launch its Own Native Cryptocurrency for Cross-Border Payments

Banking giant JP Morgan is ready to launch a trial on a blockchain-based international remittance system, according to a report by CNBC. JP Morgan’s Token Will Function Like Stablecoins The cryptocurrency, dubbed “JPM Coin,” will be pegged to the US dollar in a 1:1 ratio similar to stablecoins. JP Morgan processes a whopping $6 trillion […]JP Morgan Set to Launch its Own Native Cryptocurrency for Cross-Border Payments was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.