Strategic Shift Toward Blockchain Tokens Transforms International Financial Landscape
- Major firms like Circle , JPMorgan , and ConsumerFi are driving blockchain adoption through native tokens to modernize financial systems and boost institutional engagement. - Circle's Arc blockchain introduces a native token to replace USDC gas fees, attracting 100+ institutional partners including Goldman Sachs and Visa during its testnet phase. - JPMorgan expands JPM Coin to euros via Coinbase's Base network, enabling instant cross-chain settlements while partnering with Mastercard and B2C2 to tokenize
The blockchain industry is experiencing rapid growth in the use of native tokens, as leading organizations aim to modernize financial operations and boost institutional involvement. Companies such as
Circle, which issues the
JPMorgan is also making significant progress with its blockchain-powered deposit token, JPM Coin (JPMD), which is now accessible on Coinbase's Base network. This token allows institutional clients to make nearly instant payments around the clock, eliminating the need for traditional multi-day settlement processes, according to an
At the same time, ConsumerFi is combining blockchain and artificial intelligence to revolutionize consumer finance. The protocol introduced its CFI token on the Calyx platform through a multichain sale, allowing users to earn from their digital activities while safeguarding their privacy, as reported by
The
Regulatory developments and market trends are further fueling this adoption. Analysts at Bernstein predict that Circle’s USDC could become the leading stablecoin due to its regulatory transparency and banking alliances, as mentioned in The Coin Rise. Meanwhile, JPMorgan’s Kinexys network already handles over $3 billion in daily transactions, with the potential for rapid expansion as more businesses transition to on-chain settlements, according to CryptoNinjas.
As these projects advance, the boundaries between traditional finance and blockchain are increasingly
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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