Siemens and B2C2 Begin Using JPMorgan Blockchain FX Payment Platform

According to Jinse Finance, Bloomberg reported that industrial giant Siemens Group and digital asset market maker B2C2 have begun using JPMorgan's blockchain-based foreign exchange payment platform. According to the report, this service enables enterprises to conduct cross-border foreign exchange transactions in USD, GBP, and EUR around the clock, achieving near-instant settlement. In contrast, corporate foreign exchange transfers using traditional channels are mainly available on business days, and completing transactions may take several days.