TLDR Crypto · MARKETS & BUSINESS
JPMORGAN ADDS PROGRAMMABLE PAYMENTS TO JPM COIN
Summary from the TLDR Crypto newsletter
JPMorgan's blockchain-based settlement token, JPM Coin, now allows users to automate payments according to preset conditions. The new feature enables funds to be transferred automatically to cover overdue payments or margin calls, making it unnecessary to set up standing orders. This capability is beneficial in a 24/7 payments infrastructure and in times when the market is especially volatile.