JPMorgan Moves JPM Coin to Canton Network for Faster Settlements
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 08 2026- Migration to Canton Network: JPMorgan has confirmed the migration of its blockchain deposit token, JPM Coin, to the Canton Network, aiming to enhance settlement speed and privacy for institutions while reducing reliance on traditional banking systems, which is expected to improve transaction efficiency for institutional clients.
- Support for Cross-Border Payments: JPM Coin enables institutions to settle transactions at any time beyond standard banking hours, which not only enhances liquidity management but also meets the rising demand for blockchain trading services, thereby advancing JPMorgan's digital finance strategy.
- Privacy Protection and Compliance: The Canton Network focuses on institutional finance use cases, enabling privacy-preserving transactions while maintaining regulatory oversight, ensuring that sensitive transaction data remains protected post-settlement, addressing major concerns among large financial institutions.
- Phased Deployment Plan: JPMorgan plans to roll out the Canton integration in phases through the end of 2026, during which institutions may use JPM Coin for cross-border payments and on-chain digital asset settlements, reflecting a cautious approach to compliance and scalability testing.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
