JP Morgan is deploying its bank-issued deposit token, JPM Coin, directly on the Canton network. The strategic choice raises questions about blockchain infrastructure competition—why bypass Ripple's XRP Ledger in favor of Canton? This move signals how traditional financial institutions are evaluating different blockchain ecosystems for their tokenized solutions. The decision reflects considerations around network compatibility, institutional partnerships, and long-term infrastructure preferences in the evolving digital asset landscape.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
19 Likes
Reward
19
9
Repost
Share
Comment
0/400
WalletAnxietyPatient
· 8h ago
JPM chooses Canton over XRP, this is the power game played by big institutions. Whoever has more ecosystem partners wins.
View OriginalReply0
bridge_anxiety
· 01-10 21:12
J.P. Morgan bypasses XRP and directly goes to Canton, this is the beginning of traditional finance choosing sides.
View OriginalReply0
ImpermanentSage
· 01-10 09:44
JPMorgan is still playing the same game, just choosing the infrastructure that benefits itself. What can Canton offer that XRP cannot? In the game of institutional players, we can't get a slice of this cake.
View OriginalReply0
NftDeepBreather
· 01-08 17:16
JPM chooses Canton over XRP, essentially still relying on institutions. Although XRP's ecosystem is mature, it is ultimately too tightly controlled by Ripple, which major banks cannot accept.
View OriginalReply0
AirdropATM
· 01-08 16:57
JPMorgan still bypassed XRP, it seems traditional finance just doesn't want to be tied to Ripple.
View OriginalReply0
GasWrangler
· 01-08 16:56
honestly, if you analyze the data, canton's throughput metrics are demonstrably superior for institutional settlement patterns. jpmorgan's not bypassing xrp out of spite—they're optimizing for base layer efficiency. that's just empirically proven infrastructure hierarchy at work here.
Reply0
HalfIsEmpty
· 01-08 16:54
JPMorgan bypassed XRP and chose Canton, basically siding with institutional solutions. That's just how traditional finance is...
View OriginalReply0
BlockchainBrokenPromise
· 01-08 16:48
NGL, Ripple has been sidelined. JPMorgan choosing Canton is a bit harsh... Traditional finance is finally dropping the act, XRP holders are about to be disappointed again.
View OriginalReply0
SilentObserver
· 01-08 16:45
JP Morgan chose Canton over XRP. Frankly, it's still a power game; big institutions love to build their own ecosystems.
JP Morgan is deploying its bank-issued deposit token, JPM Coin, directly on the Canton network. The strategic choice raises questions about blockchain infrastructure competition—why bypass Ripple's XRP Ledger in favor of Canton? This move signals how traditional financial institutions are evaluating different blockchain ecosystems for their tokenized solutions. The decision reflects considerations around network compatibility, institutional partnerships, and long-term infrastructure preferences in the evolving digital asset landscape.