J.P. Morgan through its blockchain unit Kinexys, formerly Onyx announced plans to issue its JPM Coin also referred to as JPMD, a USD-denominated tokenized deposit natively on the Canton Network. JPM Coin is a bank-issued digital token representing U.S. dollar deposits held at J.P. Morgan. It enables institutional clients to make near-instant, 24/7 peer-to-peer payments
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