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Nikil Viswanathan
@nikil
🔨 always building ⚡️ ceo @alchemy 😂 @davehappyminion sidekick
Joined November 2009
10 Following    24.7K Followers
World’s most valuable bank now on @ethereum @jpmorgan deposits powered by @Alchemy How it works: JPM Coin represents dollars deposited at JPMorgan. Approved institutional clients can move those dollars on Ethereum around the clock—to pay each other or buy tokenized assets. Think of how stocks went from paper certificates to electronic trading. The shares stayed the same; moving them became easier. This is a similar shift for bank deposits: the dollars are still at JPMorgan, but Ethereum becomes a network for moving them.
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JUST IN: JPMorgan announces it is bringing JPM Coin to Ethereum, allowing institutional clients to transfer U.S. dollar deposits in seconds, 24/7.