QNB Group Adopts JPMorgan Blockchain for US Dollar Corporate Payments

Qatar National Bank has launched JPMorgan’s Kinexys blockchain platform for real-time US dollar corporate payments, marking a significant shift in regional banking towards 24/7 settlement and enhanced efficiency. This move comes as part of a broader trend in the Middle East and North Africa, where major financial institutions are adopting blockchain to improve cross-border payment processing speeds and reduce operational friction.

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