JPMorgan Expands Kinexys Network to Include British Pound Accounts, Targeting Stablecoin Market Gaps
Submitted by Anonymous (not verified) on Tue, 04/15/2025 - 14:00
JPMorgan added British pound-denominated accounts to its blockchain-based payments network, Kinexys, aiming to fill a gap left by the stablecoin market’s predominant focus on the U.S. dollar. Kinexys enables corporate clients to transfer funds between JPMorgan accounts and currently processes over $2 billion in daily transactions. The GBP expansion follows the network’s recent capability to […]