TLDR Crypto · MARKETS & BUSINESS

JPMORGAN ADDS PROGRAMMABLE PAYMENTS TO JPM COIN

coindesk.com1 min read

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.