Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

JPM Morgan Chase testing Blockchain transactions

Cryptocurrency

Are they developing a JPMorgan Chase stablecoin?

I think AZTEC is ideal for stablecoins because it could confirm fiat currency backs a stablecoin, without revealing the stablecoin’s owner. Hence, AZTEC could keep stablecoin transactions secret.

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Cryptocurrency

JPM Morgan Chase testing Blockchain transactions, Telegram has 200 Million Users

JPMorgan Chase, Goldman Sachs (NYSE: GS) Pfizer Inc. (NYSE: PFE), and the Western Asset Management Company participated in the actual $150 million Yankee CD, American Banker reported. JPMorgan’s Blockchain Center of Excellence tested a mock transaction of a debt issuance in the same amount to see if it was possible on 21 April 2018.

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