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Qatar bank taps JPMorgan’s blockchain for faster US dollar payments

Cointelegraph•Monday, September 29, 2025 at 10:59:53 AM
PositiveCryptocurrency
Qatar bank taps JPMorgan’s blockchain for faster US dollar payments
Qatar National Bank (QNB) has partnered with JPMorgan to utilize its Kinexys blockchain, revolutionizing the way US dollar payments are processed. This innovative shift allows for near-instant payments around the clock, which is a significant improvement for financial transactions. Kamel Moris from QNB described it as a 'treasurer’s dream,' emphasizing the efficiency and speed this technology brings to banking operations. This development not only enhances QNB's service offerings but also positions it as a leader in adopting cutting-edge financial technology.
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