JPMorgan expands Kinexys blockchain to 8 currencies, has now processed $4T in transactions

• JPMorgan's Kinexys blockchain platform now supports eight currencies for 24/7 cross-border settlement, processing over $4 trillion in transactions.
• The expansion includes major Asian currencies, significantly impacting traditional FX settlement by offering near-instant finality across different time zones and business days.
• Kinexys is part of JPMorgan's broader blockchain strategy, which also includes JPM Coin and tokenized money market funds, highlighting the bank's push into digital assets and payments.

Topics: Banks bankingsystems, Payment system integration, Blockchain usage, Custody asset servicing, Cross border settlement, Ethereum evm l 1 s

Tags: #jpmorgan #kinexys #blockchain #crossbordersettlement #stablecoin #jpmcoin #tokenization #foreignexchange #payoneer #jeraglobalmarkets

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