JPMorgan bank deploys JPM Coin for euro-denominated payments By Cointelegraph

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© Reuters.

The United States-based investment bank JPMorgan (NYSE:) is expanding the implementation of one of its major blockchain projects into traditional banking.

JPMorgan has deployed its blockchain-based payment system, JPM Coin, to introduce euro-denominated payments for corporate clients, Bloomberg reported on June 23. A spokesperson for JPMorgan confirmed to Cointelegraph that the bank had expanded the JPM Coin blockchain platform from U.S. dollars to euros.