On March 30, according to Ledger Insights, Axis Bank, one of India's top five banks, announced that it will adopt Morgan Stanley's Kinexys Digital Payments (formerly JPM Coin) for cross-border payments. Unlike SWIFT payments, which are limited by banking hours, JP Morgan's blockchain-based bank account supports 24/7 instant payments.
Indian bank Axis Bank to adopt JPMorgan’s blockchain payment solution
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