Citi dumps JPM coin concept

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7y

Citi have come out and denounced the JPM "internal coin" concept.

Stating they prefer to use Swift rather than an own coin.

Interesting given Swift is now underpinned by XRP

So Citi has fallen to crypto. A win.

https://www.coindesk.com/citi-scraps-its-plan-for-a-jpm-coin-like-bank-backed-cryptocurrency