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Bloomberg: Is this person a robot?

  • JPM Coin allows blockchain-based payments by wholesale clients
  • Token is a rare instance of live blockchain use by a big bank

JPMorgan Chase & Co.’s digital token JPM Coin now handles $1 billion worth of transactions daily and the bank plans to continue widening its usage, Global Head of Payments Takis Georgakopoulos said.

“JPM Coin gets transacted on a daily basis mostly in US dollars, but we again intend to continue to expand that,” Georgakopoulos said Thursday in an interview on Bloomberg Television.

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JPMorgan Says JPM Coin Now Handles $1 Billion Transactions Daily


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