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JP Morgan Does Not Confirm Acceptance of XRP Payments

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by Giorgi Kostiuk

2 hours ago


Recent rumors claim that JPMorgan Chase has started accepting payments in XRP, but these claims require fact-checking.

No Official Confirmation

As of now, there is no official confirmation from JPMorgan or reputable financial media that the bank has begun accepting XRP. Respected outlets such as CoinDesk, Bloomberg, and The Financial Times are silent on any actions taken by JPMorgan to accept XRP for payments.

Speculation and Unsupported Sources

Claims about JPMorgan accepting XRP appear to originate from unverified sources. Various blogs and social media posts hint that JP Morgan can accept XRP via middlemen like FCF Pay, but these reports are purely speculative and not supported by official sources.

What JP Morgan is Actually Doing

Meanwhile, JPMorgan is making strides in managing digital assets, including an interest in Bitcoin ETFs, but XRP is not part of their plans. Currently, discussions are underway regarding loans secured by digital assets, including XRP; however, these discussions remain speculative.

In conclusion, there is currently no official confirmation that JPMorgan has begun accepting XRP payments. All such claims are based on rumors and unverified sources.

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