JPMorgan Chase & Co. is in the early stages of exploring a blockchain-based digital deposit token for speeding up cross-border payments and settlement, according to a person familiar with the work.

JPMorgan Chase's (NYSE:JPM) digital token JPM Coin, created in 2019, now processes $1B worth of transactions per day, Bloomberg reported on Thursday. The U.S.'s largest bank is planning to widen ...

Each JPM Coin represents US$1 in funds held in designated accounts at JPMorgan Chase N.A. The token was created using Quorum, a variant of Ethereum developed by JPMorgan Chase, to enable ...

JPMorgan announced plans to launch JPM Coin on Thursday and expressed love for digital tokens on Valentine’s Day, despite Jamie Dimon having slammed bitcoin as a fraud in the past. JPM Coin ...

A potential new form of digital money — deposit tokens issued by banks on blockchain — may become more widely used than stablecoins, a JPMorgan Chase & Co. study found. Commercial banks can ...

JPM Coin transfers could be used instead. There is significant adoption potential for JPMorgan’s token money, given the size of its wholesale business, and rollouts like this signal increasing ...

JPMorgan Chase & Co. (NYSE: JPM ... in converting shares from one of its money market funds into digital tokens. These tokens were subsequently transferred to Barclays Plc (NYSE: BCS), serving ...

U.S. banking behemoth JPMorgan (JPM) now handles $1 billion worth of transactions in its digital token JPM Coin per day, Bloomberg reported on Thursday. The wall street bank has plans to widen the ...