JPMorgan’s blockchain-based digital token, JPM Coin, now handles $1 billion of transactions daily, according to the bank’s Global Head of Payments, Takis Georgakopoulos. The token, which allows wholesale clients to make payments via blockchain, is a rare example of live blockchain use by a major bank. Georgakopoulos said that while most transactions currently take place in US dollars, the bank plans to widen its usage in the future.