> cynical publicity stunt to try to capture some of the money sloshing around in the crypto hype
It's not being sold to end-user rubes. It's a way to try and suck banks into JPMorgan's technology ecosystem (promising to settle repurchase agreements faster and save lots of interest intraday).
It's not huge yet-- only about $1 billion per day flows through it.
It's not being sold to end-user rubes. It's a way to try and suck banks into JPMorgan's technology ecosystem (promising to settle repurchase agreements faster and save lots of interest intraday).
It's not huge yet-- only about $1 billion per day flows through it.