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55 Greed

JPMorgan Expands JPM Coin to ETH Network | CoinDesk News

Original title: JPMorgan Brings JPM Coin to Ethereum

CoinDesk 1:51 4 views on YouTube ETH −1.3%

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Summary

JPMorgan is expanding JPM Coin to the ETH network. The largest U.S. bank previously used Coinbase's Base network for the token. The bank cites deeper liquidity and an institutional user base as the reasons for the move to ETH. Additionally, the private Kinexys network moves more than $7 billion a day.

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Key points

  1. JPMorgan is expanding JPM Coin to ETH.
  2. The bank previously utilized Coinbase's Base network.
  3. JPMorgan cites deeper liquidity and an institutional user base for the move to ETH.
  4. The private Kinexys network moves over $7 billion daily.

Questions

What network is JPMorgan bringing JPM Coin to?
JPMorgan is bringing JPM Coin to ETH.
How much does JPMorgan move on its private Kinexys network daily?
The bank moves more than $7 billion a day on its private Kinexys network.

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