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Ford Motor Co. lost more than $5.45 billion in 2001, its first time since 1992. The automaker also ousted its CEO late last year. And finally, its erstwhile solid and dynamic image has been tarnished by the controversy over the stabil-
The bank believes JPM Coin “can yield significant benefits by reducing clients’ counterparty and settlement risk, decreasing capital requirements, and enabling instant value transfer.”
Designed to support cross-border payments, JPM Coin will be a direct competitor to Ripple's XRP, but with a stable value pegged to the U.S. dollar.
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