JPMorgan's JPM Coin, a blockchain token used to settle billions of dollars of same-bank transactions, has made its debut on Partior, a blockchain-based banking settlement system. The platform, launched in conjunction with DBS Bank, Temasek, and Standard Chartered, allows customers to make use of blockchain assets for interbank transactions. Utilization by other banks is still uncertain, but the coin's potential growth is optimistic as JPMorgan projects $1 billion daily transactions by the end of this year and could be up to $10 billion by the next few years. This interbank settlement system via blockchain has the potential to disrupt the banking status quo and revolutionize the financial world.



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