Mastercard and JPMorgan Chase work together to improve cross-border payment efficiency! 🌐

Payment giant Mastercard (MA) and JPMorgan Chase's (JPM) digital asset business Kinexys have joined hands to connect their blockchain tokenized asset transfer system Multi-Token Network (MTN). The cooperation aims to provide greater transparency, faster settlement speeds, and reduced time zone friction for B2B cross-border payments.

Tokenized foreign exchange, as a highlight of the blockchain asset trend, has been widely accepted by traditional finance. By integrating Mastercard MTN's connection with Kinexys, customers will enjoy the convenience of a single API to settle B2B transactions. 📈