JPM Coin
JPM Coin is a dollar-backed cryptocurrency from the major bank JP Morgan Chase, announced in February 2019 as an institution-to-institution service.
JPM Coin serves as a value token on the Quorum consortium blockchain, using software also built by JP Morgan Chase, and is used to facilitate :Category:Interbank networks|interbank payments on the Interbank Information Network, a payments network that includes over 300 banks.
JPM Coin was preceded by Signature Bank's Signet stablecoin, launched by on December 4, 2018.
