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home / articles / JPM - JPMorgan Coin Payment System Does $1B In Daily Transactions A Huge Jump From Four Months Ago | Benzinga


JPM - JPMorgan Coin Payment System Does $1B In Daily Transactions A Huge Jump From Four Months Ago | Benzinga

JPMorgan Chase & Co (NYSE: JPM) digital token JPMorgan Coin handles $1 billion worth of transactions daily and intends to continue widening its usage, Bloomberg reported, citing JPMorgan Chase & Co. Global Head of Payments Takis Georgakopoulos.

He added the token trades mostly in U.S. dollars daily. In June 2023, the bank launched euro-denominated transactions through the JPMorgan Coin. 

Read Next: JP Morgan, Mastercard Launch Pay-By-Bank Solution In The US; Verizon To Pilot Program In The Coming Months

Since its launch in the year 2020, JPMorgan Coin has completed $300 million in transactions as of June ...

Full story available on Benzinga.com

Stock Information

Company Name: JP Morgan Chase & Co.
Stock Symbol: JPM
Market: NYSE
Website: jpmorganchase.com

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