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JPMorgan Completes $50M Debt Issuance on Solana Blockchain

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JPMorgan executed a $50M commercial paper issuance on the Solana blockchain, the first of its kind in the U.S. The deal for Galaxy Digital was bought by Coinbase and Franklin Templeton, with USDC used for settlement. The blockchain-based transaction handled both issuance and redemption on-chain. The move highlights what is becoming a key trend in institutional finance—using public blockchains for real-world assets.
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