Crypto Friendz

JPMorgan has used its JPM Coin system to introduce euro-denominated payments for corporate clients, said Basak Toprak, head of EMEA Coin systems at JPMorgan.

It is reported that the system allows wholesale payment customers such as large multinational companies to transfer US dollars or euros between their accounts, or use blockchain instead of traditional payment methods to pay other customers of the bank. Since its launch in 2019, JPMorgan has processed about $300 billion in transactions using JPM Coin. By comparison, JPMorgan processes nearly $10 trillion in total payments per day.

The stock market and cryp market do not correlate or trend in sync. Typically Wallstreet investors will consider crypto positions as a hedge instrument during Bear market conditions.

It has been a long time since we have seen Cardano below a dollar. I have personally accumulated over 10,000 tokens of ADA at $1.10 average value per token.

Good luck and invest wisely.

John Deer Green!
750,000 tokens of ADA to go with 1000 ETH