JPMorgan Adds GBP Support to Blockchain Payments Service Kinexys

JPMorgan Adds GBP Support to Blockchain Payments Service Kinexys

JPMorgan's Kinexys now supports British pound accounts, adding to its already existing U.S. dollar and euro offerings.

JPMorgan Expands Kinexys Network to Include British Pound Accounts, Targeting Stablecoin Market Gaps – News Bytes Bitcoin News

JPMorgan added British pound-denominated accounts to its blockchain-based payments network, Kinexys, aiming to fill a gap left by the stablecoin market’s predominant focus on the U.S. dollar. Kinexys enables corporate clients to transfer funds between JPMorgan accounts and currently processes over $2 billion in daily transactions. The GBP expansion follows the network’s recent capability to […]

Investment Giant JPMorgan Announces It Will Allow Opening Blockchain Deposit Accounts in This Currency! Here Are the Details

The post Investment Giant JPMorgan Announces It Will Allow Opening Blockchain Deposit Accounts in This Currency! Here Are the Details appeared on BitcoinEthereumNews.com. JPMorgan has expanded its blockchain-based payments offerings with the launch of British Pound (GBP)-denominated blockchain deposit accounts through its digital payments division Kinexys (formerly Onyx). JPMorgan Expands Blockchain Payments With GBP Accounts Through Kinexys The…

JPMorgan rolls out GBP blockchain payments, extending EUR and USD offerings

JPMorgan's blockchain division, Kinexys (formerly Onyx), has rolled out British pound-denominated blockchain deposit accounts in the U.K., marking a …

JPMorgan Adds Pound Support To Blockchain Payments Network Kinexys - FinanceFeeds

JPMorgan has added British pound-denominated accounts to its blockchain-based payments network, Kinexys, broadening its reach beyond U.S. dollar and euro transactions as demand for non-dollar digital settlement options increases. The expansion targets a longstanding gap in the $230 billion stablecoin market, which is almost entirely dominated by dollar-backed tokens. Kinexys—originally launched as JPM Coin in 2019—enables JPMorgan’s institutiona…

Key points of the News JPMorgan launches blockchain accounts denominated in pounds sterling (GBP) for its corporate customers, allowing 24/7 cross-border payments. Companies like LSEG SwapAgent and Trafigura are the first to use Kinexys' GBP accounts. With a daily average of more than $2 billion, Kinexys continues to expand its blockchain services, which have already processed more than $1.5 billion. JPMorgan has taken a key step in expanding it…