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Siemens and B2C2 Start Using JPMorgan Blockchain Forex Payment Platform
BlockBeats News, October 22nd, according to Bloomberg, industrial giant Siemens and digital asset liquidity provider B2C2 have started using JPMorgan's blockchain-based foreign exchange payment platform. The service allows businesses to conduct cross-border foreign exchange transactions in USD, GBP, and EUR around the clock, enabling nearly instant settlement. In contrast, corporate forex transfers using traditional channels mainly operate on business days, and completing transactions may take several days.
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