JPMorgan Chase to Launch Instant EUR-USD Conversion on Kinexys Blockchain for Fintech Companies

TL;DR JPMorgan will launch an instant currency settlement service between the dollar and the euro using its Kinexys blockchain. The platform will use the JPM Coin token, processing over $2 billion in transactions daily. This system is expected to become profitable in three to five years. JPMorgan Chase has announced the upcoming launch of an ... source: https://crypto-economy.com/jpmorgan-chase-to-launch-instant-eur-usd-conversion-on-kinexys-blockchain-for-fintech-companies/