JPMorgan has a special digital money called 'JPM Coin.

Right now, it helps move $1 billion every day, but soon they think it might help move even more—up to $10 billion every day!

A person named Umar Farooq, who's in charge of payments at JPMorgan, said this. He thinks that in the next year, this special money might be used to move money five to ten times more than it does now.

Right now, JPM Coin moves about $1 billion every day.

This special money, called JPM Coin, came out in 2019 and has moved a lot of money, $300 billion in total!

Big companies use it to move their money between bank accounts. They do this using something called 'blockchain,' which is like a super secure computer system.

This special money works all the time, not just during the day like regular money transfers.

At first, this special money only worked with U.S. dollars, but now it also works with euros, which is money used in Europe. JPMorgan wants to make even more money move using this special coin next year."