Banking Giant JPMorgan Debuts Coin On Public Blockchain, But It’s Not XRP

TL;DR:

JPMorgan has moved its blockchain strategy into a new phase after confirming plans to deploy its proprietary digital dollar token on a public blockchain network. The development is part of how major banks are increasingly comfortable using public blockchain infrastructure, provided it can be adapted...

Key Points:

Background:

Bitcoin is the first and largest cryptocurrency by market capitalization, often viewed as digital gold and a store of value.

Why It Matters:

This development could influence ADA price action and market sentiment in the near term.