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BTCC / BTCC Square / Global Cryptocurrency /
JPMorgan Expands Blockchain Payments Network with GBP Account Support

JPMorgan Expands Blockchain Payments Network with GBP Account Support

Author:
Global Cryptocurrency
Published:
2025-04-15 01:39:02
21
1
JPMorgan Chase & Co. has expanded its blockchain-based payments system, Kinexys, to support British pound-denominated accounts. This move aims to fill a gap in the stablecoin market dominated by U.S. dollar transactions. The addition of the pound creates more options for corporate clients seeking quick, low-cost, and flexible cross-border payment solutions. Kinexys now enables clients to make transactions 24/7 in pounds, euros, and dollars, enhancing operational efficiency and increasing currency liquidity. The service processes over $2 billion daily with clients like Trafigura and SwapAgent onboard.

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