To help clarify one thing right away, it’s understood that JP Morgan Coin will be a “stablecoin”.

To summarise a stablecoin, it is a form of cryptocurrency that is meant to hold a stable value, rather than fluctuating large amounts as can be witnessed in the cryptocurrency market. An example would be Tether, which is a blockchain based asset meant to trade for $1 USD.

Back to JPM Coin…(listen to this episode to learn more.)

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