We no longer support this browser. Using a supported browser will provide a better experience.

Please update your browser.

Close browser message

NEWS & ANNOUNCEMENTS

J.P. Morgan Creates
Digital Coin
for Payments

JPM Decorative Accent

Updated February 1, 2021

In 2019, J.P. Morgan became the first global bank to design a network to facilitate instantaneous payments using blockchain technology - enabling 24/7, business-to-business money movement by unveiling JPM Coin.

What is JPM Coin?

JPM Coin is a permissioned, shared ledger system that serves as a payment rail and deposit account ledger, enabling participating J.P. Morgan clients to transfer US Dollars held on deposit with J.P. Morgan. JPM Coin facilitates real-time value movement, helping to solve common hurdles of traditional cross-border payments.

As part of Onyx by J.P. Morgan, JPM Coin is committed to innovation within the financial services industry. JPM Coin seeks to address the complex challenges of cross border payments and help simplify its clients’ money moving needs through next generation corporate treasury services.

Learn more about J.P. Morgan’s ongoing mission to develop cutting edge technology for the future of the financial system.

Sign up for In Context,
J.P. Morgan’s newsletter that features insights across global markets and industries.