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Argentina’s financial institutions test JPMorgan’s deposit token JPM Coin; Banco CMF has confirmed its participation

GateNews
Partnerships & Ecosystem

Gate News message, April 7, multiple banks within Argentina have begun testing JPM Coin, a deposit token from JPMorgan Chase. JPM Coin is a deposit token product designed by JPMorgan Chase specifically for institutional users. Currently, Banco CMF has confirmed that it is one of the participating financial institutions in the test. The institution plans to apply JPM Coin to backend settlement workflows to improve settlement speed and efficiency.

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