JPMorgan Information Tokenized Cash Market For Stablecoin Issuers
JPMorgan has filed to launch a tokenized cash market fund on Ethereum, permitting stablecoin issuers to carry reserves backing their stablecoins in a regulated, cash-like automobile whereas incomes curiosity. The “OnChain Liquidity-Token Cash Market Fund,” ticker JLTXX, will spend money on US Treasury payments and in a single day repurchase agreements collateralized by US Treasurys…