State Street Issues $100M Digital Debt on JPMorgan Blockchain - CVJ.AI

11:38 22.08.2025 robbob

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State Street has executed a landmark $100 million digital commercial paper transaction using JPMorgan’s blockchain platform. This represents one of the first institutional-scale deployments of blockchain technology for short-term debt instruments. The transaction demonstrates growing institutional adoption of blockchain for traditional financial products.

Enables T+0 settlement for commercial paper, significantly faster than traditional settlement cycles
Utilizes smart contracts to automate payments, redemptions, and corporate actions, reducing manual processing
Represents State Street's integrated blockchain strategy across front-, middle-, and back-office functions

📎 Read the original article on cryptoslate.com

Related Tags: JPMorgan

Other Tags: US Dollar, JPM, Blockchain, State Street

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