JPM Coin: A game changer or just another addition to a sea of stable coins?

5 min read

Back in September, I wrote about the Cross border settlement mechanism, when I compared three systems being used widely around the globe – SWIFT, RippleNet & BWW. The former is the age-old system still used by the traditional banks, Ripple (XRP) is the third biggest digital coin by market cap ($13.3 billion) at the time of writing – used for the cross border settlement purposes by a growing network of 200+ banks in 27 countries. While BWW is IBM-Stellar joint venture competing directly with Ripple. More on these systems later, but for now a brand new player has entered the arena with plans…...

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Faisal Khan Faisal is based in Canada with a background in Finance/Economics & Computers. He has been actively trading FOREX for the past 11 years. Faisal is also an active Stocks trader with a passion for everything Crypto. His enthusiasm & interest in learning new technologies has turned him into an avid Crypto/Blockchain & Fintech enthusiast. Currently working for a Mobile platform called Tradelike as the Senior Technical Analyst. His interest for writing has stayed with him all his life ever since started the first Internet magazine of Pakistan in 1998. He blogs regularly on Financial markets, trading strategies & Cryptocurrencies. Loves to travel.