Golden
JPM Coin

JPM Coin

JPM Coin is a stablecoin made by J.P.Morgan on the Quorum blockchain.

JPM Coin is a stablecoin made by J.P.Morgan on the Quorum (forked from Ethereum) blockchain. J.P.Morgan officially announced JPM Coin on February 14, 2019 and became the first bank in the United States to successfully execute transactions using a digital currency representing fiat currency. The transaction consisted of transferring money from a J.P.Morgan client account into a J.P.Morgan account. The JPM Coin is made to be redeemable at a 1:1 ratio with fiat currencies and is only available for institutional customers (banks, broker dealers, corporations etc..) able to pass the J.P.Morgan Know Your Customer (KYC) test.

Timeline

People

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Further reading

Title
Author
Link
Type

Crypto executives on JPMorgan Chase creating JPM Coin

Tabish Faraz

Web

J.P. Morgan Creates Digital Coin for Payments | J.P. Morgan

JP Morgan

Web

JPM Coin: JP Morgan Launching a Stablecoin, But Don't Call It a Cryptocurrency

William M. Peaster

Web

JPMorgan Has Its Own Crypto and It's Starting Real-World Trials - CoinDesk

Daniel Palmer

Web

Ordinary Stablecoin or XRP Killer? What We Know About JPMorgan Chase's New Cryptocurrency

Stephen O'Neal

Web

Documentaries, videos and podcasts

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Date
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JP Morgan to launch its own cryptocurrency

February 14, 2019

JPM Coin: What Is It? What It's Not

February 22, 2019

Ripple XRP: JPM Coin Does Not Compete With XRP & Will Introduce Institutions To Buy Crypto

March 3, 2019

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