{"id":875111,"date":"2025-10-02T21:34:07","date_gmt":"2025-10-03T02:34:07","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/10\/02\/qnb-taps-jpmorgan-blockchain-for-faster-dollar-payments\/"},"modified":"2025-10-02T21:34:07","modified_gmt":"2025-10-03T02:34:07","slug":"qnb-taps-jpmorgan-blockchain-for-faster-dollar-payments","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/10\/02\/qnb-taps-jpmorgan-blockchain-for-faster-dollar-payments\/","title":{"rendered":"QNB Taps JPMorgan Blockchain for Faster Dollar Payments"},"content":{"rendered":"
\n

\"QNB<\/a><\/p>\n

According to Bloomberg<\/a>, Qatar National Bank (QNB Group), the largest bank in the Middle East and Africa, has begun using JPMorgan\u2019s Kinexys Digital Payments system to process U.S. dollar transactions. <\/strong><\/h4>\n

With this integration, QNB can now handle corporate dollar payments for local businesses within minutes, around the clock, every day of the week.<\/p>\n

Why Blockchain Matters for Banks<\/strong><\/h3>\n

For clients in Qatar, this is more than a tech upgrade. It means faster, more reliable access to cross-border payments, a service that often takes hours or even days under traditional systems. By leaning on JPMorgan\u2019s blockchain, QNB is showing how global banks are starting to trust blockchain to streamline high-value financial services.<\/p>\n

Traditional international payments typically pass through a series of intermediaries. For example, banks each add time, fees, and risk of delays. Blockchain, a digital ledger that records transactions in real time, removes much of that friction. With Kinexys, QNB can process payments almost instantly, giving businesses the certainty they need to plan cash flow and manage operations.<\/p>\n

\n

QNB, one of the largest financial institutions in the Middle East, has switched to JPMorgan\u2019s blockchain platform for US dollar corporate payments processed by its Qatar-based bank https:\/\/t.co\/lixFy7R2Qb<\/a><\/p>\n

\u2014 Bloomberg (@business) September 29, 2025<\/a><\/p>\n<\/blockquote>\n

A recent example highlights the importance. A mid-sized construction firm in Doha previously had to wait one to two days for a supplier payment in dollars to clear. It sometimes caused project delays. With the new system, the firm can send money within minutes, keeping projects on schedule. For companies that rely on just-in-time operations, that speed can be the difference between winning or losing a contract.<\/p>\n

The Bigger Picture<\/strong><\/h3>\n

The trend extends beyond Qatar. Research<\/a> from the Bank for International Settlements shows that more than 90% of the world\u2019s central banks are exploring digital currency or blockchain-based settlement. JPMorgan itself has already processed billions in transactions through its blockchain platforms. This is a signal that the technology is moving from pilot projects to mainstream adoption.<\/p>\n

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???? JUST IN: Middle East\u2019s QNB Group adopts JPMorgan\u2019s blockchain platform for US dollar payments, enabling 24\/7 processing in minutes via Kinexys Digital Payments system. pic.twitter.com\/mZc2LI7xWs<\/a><\/p>\n

\u2014 Cointelegraph (@Cointelegraph) September 29, 2025<\/a><\/p>\n<\/blockquote>\n

QNB\u2019s adoption of Kinexys reflects a larger shift in global finance. Banks in Asia, Europe, and North America are also experimenting with blockchain to reduce settlement times and costs. For investors, this signals growing confidence in blockchain as an infrastructure tool, not just a vehicle for cryptocurrencies. It shows how financial institutions are betting that blockchain will reshape the plumbing of money movement.<\/p>\n

<\/p>\n

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\"YouTube<\/p>\n<\/div>\n

Disclaimer<\/strong><\/h6>\n

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies presented are the thoughts and opinions of the writer\/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments; therefore, please conduct your due diligence. Copyright Altcoin Buzz Pte Ltd.<\/p>\n<\/p><\/div>\n

Read More<\/a>
\n Buffy Stoval<\/p>\n","protected":false},"excerpt":{"rendered":"

According to Bloomberg, Qatar National Bank (QNB Group), the largest bank in the Middle East and Africa, has begun using JPMorgan\u2019s Kinexys Digital Payments system to process U.S. dollar transactions. With this integration, QNB can now handle corporate dollar payments for local businesses within minutes, around the clock, every day of the week. Why Blockchain<\/p>\n","protected":false},"author":1,"featured_media":875112,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4644,110],"tags":[],"class_list":{"0":"post-875111","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain","8":"category-jpmorgan"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/875111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=875111"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/875111\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/875112"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=875111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=875111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=875111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}