Overview
- Kinexys will roll out the integration in phases throughout 2026, beginning with technical and commercial groundwork to support full token operations.
- Institutions will gain native issuance, transfer, and redemption of the token on the network with near‑instant settlement for payments, trades, and liquidity management.
- The token represents U.S. dollar deposits at the bank, giving holders a direct claim on regulated funds unlike non‑bank stablecoins.
- Additional Kinexys Digital Payments offerings are planned for the network, including Blockchain Deposit Accounts, subject to readiness and client demand.
- Separately, JPMorgan Asset Management is preparing the MONY tokenized money‑market fund on Ethereum, seeded with $100 million and slated to open to outside investors later in 2026.