JPMorgan: The daily volume of transactions of the JPM Coin blockchain system has reached $1 billion – Bits Media

JPMorgan investment bank payments reported, that a credit institution daily processes transactions worth more than more $1 Gird through the Swyer Digital Token JPM Coin.

The system of intra -bank translations JPMorgan based on blockchain has become one of the few examples successfully
current digital payment service, created by the International Financial Organization. Through a private blockchain jPMorgan and digital JPM COIN digital, wholesale customers got the opportunity to make instant payments in dollars and euros.

“We translate about $ 1 MLD every day through JPM Coin for a number of large companies. Operations in JPM Coin have gained considerable popularity from customers, And the volume in the share of traditional forms of payment is gradually increasing ", - reported Bloomberg a bank representative.

In the near future, the bank intends to launch a repo application based on a blockchain., and also studies the possibilities of using a digital deposit token to accelerate cross -border calculations, reported in JPMorgan.

Earlier, analysts of the banking group JPMorgan said, what, They forecast them, United States Securities and Exchange Commission (SEC) can conduct a large-scale approval of applications for spot-bitcoin -etf to the end 2023 of the year.