.P. Morgan Issues First U.S. Commercial Paper on Solana Blockchain – Here Is Why This Is a Major Institutional Milestone

12/12 01:48

J.P. Morgan has taken a significant step in the financial landscape by issuing its first U.S. commercial paper on the Solana blockchain, marking a pivotal moment for institutional adoption of blockchain technology in traditional finance. This groundbreaking move not only highlights the growing acceptance of digital assets among established financial institutions but also demonstrates the potential for enhanced efficiency and transparency in the issuance and management of commercial paper. Here are several reasons why this development is considered a major milestone for the industry and what it could mean for the future of financial transactions. source: https://blocknews.com/p-morgan-issues-first-u-s-commercial-paper-on-solana-blockchain-here-is-why-this-is-a-major-institutional-milestone/

Bullish

Bearish

Live Updates

6 hours ago
Ethereum supply on exchanges has fallen to its lowest level since 2016, reducing short-term selling pressure.
Bullish
Bearish
6 hours ago
Coinbase Expands Into Stock Trading, Prediction Markets as Part of ‘Everything App’ Strategy
Bullish
Bearish
6 hours ago
JUST IN: Coinbase says "with our new pay tab—you can send crypto to anyone in the world, instantly, for free, simply using a phone number, email, or wallet address, including to those who don't own crypto or have Coinbase. Customers now earn up to 4% $BTC on everyday purchases."
Bullish
Bearish
6 hours ago
JUST IN: Coinbase says "retail customers are voting with their assets. As of Q3, they held over $200B on Coinbase, 3x since 2023. You can borrow up to $5M against your $BTC and we just launched the ability to borrow up to $1M against your $ETH. We're expanding to other assets."
Bullish
Bearish
6 hours ago
JUST IN: Coinbase says "customers are staking ETH, SOL, and more, and earned over $1B in staking since 2023. For the first time ever, you can now instantly unstake to get instant liquidity, with rates and liquidity that traditional financial institutions simply cannot match."
Bullish
Bearish
6 hours ago
Bitcoin’s volatility below Nvidia in 2025 as investor base grew: Bitwise
Bullish
Bearish
6 hours ago
JUST IN: Coinbase says "for those who want to supercharge earnings, you can lend your $USDC on Coinbase. You control when to lend, access your money whenever you want, and keep the rewards. Our customers already lent over $1B since 3 months ago, earning up to 10% on their USDC."
Bullish
Bearish
6 hours ago
JUST IN: Coinbase says "you can get paid directly into Coinbase while automatically investing, earning. You can setup direct deposit, allocate across cryptos and cash. This will extend to stocks, other assets. Your cash immediately starts compounding—you can earn 3.5% in $USDC."
Bullish
Bearish
6 hours ago
JUST IN: Coinbase says "starting today, you can now access millions of assets through DEX trading on Coinbase, including on Solana $SOL. You can now trade millions of on-chain assets as soon as they're created, all within the Coinbase app, without waiting for a CEX listing."
Bullish
Bearish
6 hours ago
JUST IN: Coinbase says "derivatives account for 75% of the global crypto market today. All U.S. traders can now trade futures and perpetual futures in an intuitive, easy-to-use interface, directly on Coinbase. This is fully regulated and available to everyone in the U.S. now."
Bullish
Bearish

BitMEX Co-Founder Foresees Risk in Bitcoin ETFs
BitMEX co-founder Arthur Hayes warns of the existential risks to Bitcoin from a potential U.S. spot Bitcoin ETF and TradFi involvement.
KikyoDec 24, 2023 11:39 pm
VARA bans the sale of ISLM, is it because this currency might be involved in money laundering and terrorist attacks?
BG, unlicensed by VARA, potentially breached regulations by issuing and marketing ISLM tokens in Dubai without approval, requiring immediate cessation of activities and obtaining necessary VARA licenses.
AlexDec 24, 2023 11:52 pm
Japan's Tax Relief: Boosting Corporate Crypto Holdings
Japan's revised tax laws streamline corporate crypto taxation, aligning with investor norms and aiming to spark domestic entrepreneurial growth.
Hui XinDec 25, 2023 10:40 am
Polygon Founder Reflects on a Challenging Year
Polygon founder Sandeep Nailwal candidly reflects on 2023's challenges, embracing an underdog status amid fluctuating market performance.
AlexDec 25, 2023 12:11 pm
New Dawn in Crypto Gaming: Xai Network's Token Airdrop
Xai Network, collaborating with Arbitrum's Offchain Labs, is set to launch a token airdrop, promising to reshape crypto gaming through innovative tokenomics and user-focused enhancements.
KikyoDec 25, 2023 2:37 pm
Landmark Bitcoin Identity Case Heads to Court in February
The February trial will address Craig Wright's claim to be Bitcoin's creator, amidst disputes over new evidence and copyright allegations.
AlexDec 25, 2023 5:46 pm
SEC Sets Deadline for Final Bitcoin ETF Proposals
SEC sets December 29 deadline for Bitcoin ETF proposals, with a decision expected on January 10, 2024.
BrianDec 25, 2023 6:05 pm
Shiba Inu's Burn Rate Soars, Signalling Market Evolution
Shiba Inu's burn rate spikes 5000%, indicating active market dynamics and investor interest despite inherent risks.
KikyoDec 25, 2023 6:47 pm
Anodos Spearheads Innovation in Blockchain with Web3 and XRPL
Anodos is innovating in blockchain with user-friendly Web3 applications and strong XRPL integration.
AlexDec 25, 2023 8:36 pm
Revival in Blockchain Loans: A Surge to $582 Million
Blockchain Loans Double to $582 Million Amid Rising Interest Rates
KikyoDec 25, 2023 9:13 pm

.P. Morgan Issues First U.S. Commercial Paper on Solana Blockchain – Here Is Why This Is a Major Institutional Milestone

Live Updates

Trending News

BitMEX Co-Founder Foresees Risk in Bitcoin ETFs

VARA bans the sale of ISLM, is it because this currency might be involved in money laundering and terrorist attacks?

Japan's Tax Relief: Boosting Corporate Crypto Holdings

Polygon Founder Reflects on a Challenging Year

New Dawn in Crypto Gaming: Xai Network's Token Airdrop

Landmark Bitcoin Identity Case Heads to Court in February

SEC Sets Deadline for Final Bitcoin ETF Proposals

Shiba Inu's Burn Rate Soars, Signalling Market Evolution

Anodos Spearheads Innovation in Blockchain with Web3 and XRPL

Revival in Blockchain Loans: A Surge to $582 Million