🎉 India🇮🇳: Axis Bank partners with JP Morgan🇺🇸 to launch 24/7 cross-border blockchain payments

🎉 India🇮🇳: Axis Bank partners with JP Morgan🇺🇸 to launch 24/7 cross-border blockchain payments

Private bank Axis becomes the first financial institution in India to offer commercial clients programmable USD settlement almost in real time.

🔣 This innovative solution is powered by Kinexys Digital Payments (formerly known as JPM Coin), JP Morgan’s next-generation payment system, which utilizes blockchain-based deposit accounts originally introduced in 2019.

🔣 This technology enables programmable payments and cash concentration management across multiple banks, meeting the evolving operational needs of corporate treasury departments.

🔣 According to JP Morgan, the total transaction volume processed through Kinexys has surpassed USD 1.5 trillion.

#news #India #crypto #USA

🏦 Payouter.com — looking for traders for processing in 🇮🇳 India: P2P, P2C, Intent. We are waiting for you