The banking giant was one of the early leaders in applying blockchain tech to traditional financial activities, executing over $1.5 trillion of transactions since its inception.
KADENA
JPMorgan to enable USD-EUR FX settlements on blockchain
JPMorgan Chase introduces blockchain-based FX settlement for dollar-euro transactions, using JPM Coin on the Kinexys platform.
The Protocol: Elections, Schmections. Blockchain’s Got Work to Do
Kadena, a layer-1 proof-of-work blockchain, has appointed Beatrice O’Carroll as a strategic advisor. According to the team: “With over 20 years of experience in financial services and crypto markets, …
‘Trillions Of Dollars Worth Of Assets’ Could Move To Blockchain, Says One Insider
Blockchain is rapidly being integrated into traditional finance, with major institutions investing and central banks exploring digital currencies.
US Treasury: Blockchain can improve financial system
Blockchain technology promises to create a “new financial market infrastructure” with “enhanced operational and economic efficiencies,” the United States Treasury said.
Agora To Launch US Dollar Stablecoin On Injective, Bolstering Liquidity Between DeFi And TradFi
Agora’s AUSD, backed by VanEck and custodied by State Street, will launch on Injective’s blockchain, providing liquidity between DeFi and traditional markets.