Takis Georgakopoulos, head of global payments at JPMorgan, said demand for cryptocurrencies as a payment tool has fallen sharply over the past six months. But JPMorgan still supports customers who want to use the payment method.
In less than a year, the market value of cryptocurrencies evaporated about $ 2 trillion. However, Morgan Chase still bets in the development of digital assets, and has been investing in this field more and more for many years.
The bank has become one of the key supporters of the London Digital Asset startup Ownera, and tried to use blockchain for mortgage settlement in May.
Georgakopoulos said that cryptocurrency payment accounts for increasing proportion in the game field. This payment method is suitable for both traditional games and the metaverse.