#deposittoken — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #deposittoken, aggregated by home.social.
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JPMorgan Chase is piloting "JPMD" - a deposit token—a digital representation of a bank deposit that is managed with blockchain. JPMD will be issued on Base, a public Ethereum-based blockchain managed by Coinbase.
The token, exclusively available to JPMorgan’s institutional clients, which include corporations and pension funds, will be used to settle transfers 24hrs. per day and make cross-border business-to-business payments.
This is NOT a stablecoin, JPMD will be backed by “the same liquidity frameworks as traditional banks,” according to the Bank.
https://finance.yahoo.com/news/jpmorgan-chase-partners-coinbase-launch-175104015.html #Crypto #JPMorgan #Banking #DepositToken #DigitalToken #CoinBase #Base #blockChain #Ethereum
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JPMorgan Chase & Co. has launched the JPMD deposit token on Coinbase's Base blockchain, offering 24/7 settlement and interest for institutional clients, distinguishing it from public stablecoins and expanding the bank's digital asset initiatives.
#YonhapInfomax #JPMorganChase #JPMD #DepositToken #Stablecoin #BaseBlockchain #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67994 -
JPMorgan Chase & Co. has launched the JPMD deposit token on Coinbase's Base blockchain, offering 24/7 settlement and interest for institutional clients, distinguishing it from public stablecoins and expanding the bank's digital asset initiatives.
#YonhapInfomax #JPMorganChase #JPMD #DepositToken #Stablecoin #BaseBlockchain #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67994 -
JPMorgan Chase & Co. has launched the JPMD deposit token on Coinbase's Base blockchain, offering 24/7 settlement and interest for institutional clients, distinguishing it from public stablecoins and expanding the bank's digital asset initiatives.
#YonhapInfomax #JPMorganChase #JPMD #DepositToken #Stablecoin #BaseBlockchain #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67994 -
JPMorgan Chase & Co. has launched the JPMD deposit token on Coinbase's Base blockchain, offering 24/7 settlement and interest for institutional clients, distinguishing it from public stablecoins and expanding the bank's digital asset initiatives.
#YonhapInfomax #JPMorganChase #JPMD #DepositToken #Stablecoin #BaseBlockchain #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67994 -
JPMorgan Mulls Blockchain-Based Deposit Token, Report - America’s biggest bank by assets, JPMorgan Chase, is exploring a blockchain-based ... - https://news.bitcoin.com/jpmorgan-mulls-blockchain-based-deposit-token-report/ #financialinstitution #cryptocurrencies #cryptocurrency #bankinggiant #deposittoken #digitaltoken #stablecoins #blockchain #stablecoin #jpmorgan #finance #jpmcoin #crypto #token #bank #coin