Several Argentine banks are testing JPMorgan’s institutional deposit token JPM Coin in a pilot focused on improving interbank settlement and reconciliation, while actual clearing remains on traditional systems.
Several Argentine banks are testing JPMorgan’s institutional deposit token JPM Coin in a pilot aimed at improving interbank settlement and reconciliation efficiency. The test does not involve real fund transfers, and actual clearing continues to run through traditional systems. Banco CMF’s QORP is participating in the pilot, while Banco Galicia, BIND, and Banco Comafi are evaluating whether to join.