👉 #JPMorgan is making efforts to apply blockchain to digital currency development, through JPM Coin

JPMorgan currently processes $1 billion in daily transactions using #JPMCoin and is planning to expand its use.

JPM Coin allows corporate customers to make payments on the blockchain. This is one of the few large banks applying blockchain to its payments.

Since its launch in 2019, JPM Coin has processed more than 300 billion USD in transaction value.

This is the most widely used blockchain technology in major banks, although it only accounts for a small portion of JPMorgan's daily transaction volume.