JPM Coin, developed by JPMorgan Chase, is a pioneering solution transforming institutional payments. By leveraging blockchain technology while maintaining the trust of traditional finance systems, JPM Coin enables instant global settlements and reshapes how businesses handle transactions. 2019 saw the initial concept of JPM Coin emerge as an innovative tool for quick settlement between institutions. Today, it boasts a mature system utilizing distributed ledger technology to facilitate real-time, multi-currency payments 24/7. Its stability stems from a direct connection to U.S. dollar deposits at JPMorgan’s bank, offering speed and cost savings over traditional payment rails while upholding regulatory standards.