JPMorgan Expands Blockchain Payments to Include British Pound

JPMorgan Chase & Co. is broadening the reach of its blockchain-powered banking platform, Kinexys Digital Payments. Now supporting payments in pounds sterling alongside the US dollar and euro, the service offers 24/7 corporate payment and foreign exchange options for these currencies. LSEG’s SwapAgent and commodity trading firm Trafigura are among the first to utilize this new feature, which has already facilitated over $1.5 trillion in transactions with daily volume exceeding $2 billion.