Kinexys by J.P. Morgan Adds to Blockchain Deposit Accounts for 24/7 Global Payments

Big changes are happening in how companies move money across borders. Kinexys by J.P. Morgan has just added five new currencies from the Asia-Pacific region to its Blockchain Deposit Account network. This move makes it easier for businesses to handle payments and foreign exchange at any time.

What Are Blockchain Deposit Accounts?

Blockchain Deposit Accounts let financial institutions and big companies send and receive money using blockchain technology. Unlike regular bank accounts that stop after business hours, these accounts work <24/7 payments> every day of the year. They also support onchain FX trades and programmable treasury tools that help automate money moves.

Before this update, the service covered only three currencies: the Euro, British Pound, and US Dollar. Now it includes the Australian Dollar, Hong Kong Dollar, Japanese Yen, Chinese Renminbi, and Singapore Dollar. This gives clients a total of eight currencies and opens new doors for trade in fast-growing markets.

Why This Expansion Matters

Global businesses often face delays because of time zones and bank cut-off times. With the new currencies added, companies can now move funds and complete FX deals outside normal market hours. This improves liquidity and reduces the need to hold extra cash in different accounts.

Another big feature is programmable payments. Clients can now set rules that automatically trigger payments when certain conditions are met. This connects treasury operations more closely to real business activities like shipping goods or settling trades.

Real Client Success Stories

Payoneer, a company that helps businesses with cross-border payments, is already using the Australian Dollar account. It allows them to settle payments around the clock for their customers. The head of treasury at Payoneer noted that this removes friction and makes liquidity management faster and more reliable.

JERA Global Markets, an energy trading firm, became the first user of the Japanese Yen account. They use it to handle internal money flows between different offices. Their finance leader said the always-on feature helps modernize treasury and supports better capital movement across time zones.

Proven Track Record and Future Outlook

Since it started, Kinexys has handled more than four trillion dollars in transaction volume. Daily averages now top seven billion dollars. This shows strong demand for blockchain-based payment systems that work without breaks.

The expansion shows J.P. Morgan’s focus on building tools that fit today’s nonstop global markets. Companies in energy, fintech, and trading can now run operations more smoothly with fewer delays and better control over their money.

As more currencies join the network, expect even wider use of onchain solutions for everyday treasury tasks. This is a clear step toward faster, smarter, and more connected financial services worldwide.