SWIFT upgrades global payments with 50+ banks while building an Ethereum-based layer for real-time cross-border settlement.
Digests of the week’s must-know moves for builders, product people, and protocol watchers.
JPMorgan's Onyx achieved a successful cross-border payment pilot with First Abu Dhabi Bank in the Middle East, demonstrating seamless execution and daily processing of $1-2 billion. The platform has expanded into Europe and India for payments and recently settled its first public trade.
JPM Coin introduced by JP Morgan Chase bank is based on blockchain technology. It is a stable cryptocurrency that has a value equivalent to one U.S. dollar.
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