PANews reported on October 22 that according to Bloomberg, industrial giant Siemens and digital asset market maker B2C2 have begun using JPMorgan Chase's blockchain foreign exchange payment platform.

The service supports cross-border foreign exchange transactions in US dollars, British pounds, and euros 24/7, with near-instant settlement. This significantly improves transaction efficiency compared to traditional foreign exchange transfers, which are limited to business days and can take several days.