Mastercard and JPMorgan Chase have teamed up to improve B2B cross-border payments. The two companies have merged their blockchain-based tokenized asset transfer systems, Multi-Token Network (MTN) and Kinexys, to make transact
ions more transparent and faster. JPM Coin has been renamed to Kinexys Digital Payments, and plans to launch tokenized USD and EUR foreign exchange in the first quarter of 2025, with plans to expand to other currencies later.
