JPMorgan enhances JPM Coin with a programmable payments feature
JPMorgan introduces programmable payments for JPM Coin users. Clients can now automate payments based on preset conditions. The move aims to enhance flexibility and responsiveness in transactions. In a strategic move to adapt to the evolving landscape of 24×7 crypto payments infrastructure, JPMorgan has introduced a new feature for users of its blockchain-based settlement token, JPM Coin. Clients can now leverage programmable payments, allowing them to automate transactions based on preset conditions rather than relying on standing orders for payments to occur at predetermined times. Adapting to crypto market dynamics Traditionally, JPMorgan clients had to set standing orders for payment s to take place at specific times, limiting their ability to respond dynamically to market events. With the introduction of programmable payment s, users can now program their accounts to initiate payment s when relevant criteria are met. This includes scenarios suc...