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JPMorgan to Launch JPM Stablecoin Directly on Privacy-Centric Canton
JPMorgan’s blockchain division Kinexys will issue its JPM stablecoin natively on the Canton Network, in partnership with Digital Asset, aiming to bring institutional-grade digital money directly to a privacy-enabled, synchronized blockchain system for financial markets. JPM Stablecoin to Launch on Canton Through Phased Integration JPMorgan and Digital Asset confirmed that the bank-issued JPM Coin (JPMD) will be issued directly on the Canton Network. The firms aim to support real-time settlement of digital cash and tokenized assets across compliant financial platforms. The Canton Foundation oversees the network, ... (full story)
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