TechFlow, Oct 22 — According to Bloomberg, industrial giant Siemens Group and digital asset market maker B2C2 have begun using JPMorgan's blockchain-based foreign exchange payment platform.
The service enables businesses to conduct cross-border foreign exchange transactions in US dollars, British pounds, and euros around the clock, achieving near-instant settlement. In contrast, corporate foreign exchange transfers via traditional channels are primarily available on business days and may take several days to complete.
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