J.P. Morgan performs its first DeFi cross-border transaction, details inside

The American multinational investment bank JP Morgan on 2 November completed its first-ever decentralized finance (DeFi) on-blockchain cross-border transaction. It is a part of the Project Guardian initiated by Singapore’s central bank, the Monetary Authority of Singapore (MAS). The transaction was completed on Ethereum layer-2 network Polygon using a modified version of AAVE protocol’s smart […]