Kinexys
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#JPMorganChase has announced an instant #EURUSD conversion service on its #Kinexys blockchain, aimed at providing faster, more cost-effective solutions, especially for fintech companies. This new blockchain service, which reduces conversion times from one to two days to instant transfers, is anticipated to attract significant user interest. #JPMCOIN , JPMorgan’s blockchain token, will support this service by generating revenue through transaction fees and foreign exchange spreads. The Kinexys platform has seen substantial growth, with transaction volumes up tenfold year-over-year, and further expansion is expected. The bank’s CEO, Jamie Dimon, noted that JPMorgan is leading in blockchain implementation, emphasizing the bank’s continued focus on scaling this technology.
Additionally, other notable blockchain and crypto developments include the Tether CEO detailing the reserves backing $USDT, a major investment in Swisstronik, and speculation that BlockDAG's hybrid technology could potentially surpass $BTC and $ETH with significant price growth.
#JPMorganChase has announced an instant #EURUSD conversion service on its #Kinexys blockchain, aimed at providing faster, more cost-effective solutions, especially for fintech companies. This new blockchain service, which reduces conversion times from one to two days to instant transfers, is anticipated to attract significant user interest. #JPMCOIN , JPMorgan’s blockchain token, will support this service by generating revenue through transaction fees and foreign exchange spreads. The Kinexys platform has seen substantial growth, with transaction volumes up tenfold year-over-year, and further expansion is expected. The bank’s CEO, Jamie Dimon, noted that JPMorgan is leading in blockchain implementation, emphasizing the bank’s continued focus on scaling this technology.
Additionally, other notable blockchain and crypto developments include the Tether CEO detailing the reserves backing $USDT, a major investment in Swisstronik, and speculation that BlockDAG's hybrid technology could potentially surpass $BTC and $ETH with significant price growth.
