{"id":101043,"date":"2025-09-30T20:00:26","date_gmt":"2025-09-30T20:00:26","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=101043"},"modified":"2025-09-30T20:00:26","modified_gmt":"2025-09-30T20:00:26","slug":"qatars-biggest-bank-joins-jpmorgans-blockchain-payment-network","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=101043","title":{"rendered":"Qatar\u2019s Biggest Bank Joins JPMorgan\u2019s Blockchain Payment Network"},"content":{"rendered":"

Qatar National Bank (QNB)<\/a> has started using JPMorgan\u2019s Kinexys<\/a> payments platform for US dollar corporate flows, bringing on-chain settlement to clients in the country. According to JPMorgan, the move went live in March 2025.<\/p>\n

QNB Adopts Kinexys For USD Flows<\/h2>\n

Based on reports, the Doha lender will now be able to move US dollar payments around the clock, removing the usual business-hour cutoffs that delay transfers.<\/p>\n

The system operates 24\/7 and can settle some transfers in as little as two minutes, a speed level that banks say shortens what used to take days.<\/p>\n

\u00a0<\/p>\n

For JP Morgan<\/a>, Kinexys (the unit that grew out of its earlier blockchain<\/a> work) is being rolled out more widely across the Middle East and North Africa.<\/p>\n

QNB, one of the largest financial institutions in the Middle East, has switched to JPMorgan\u2019s blockchain platform for US dollar corporate payments processed by its Qatar-based bank https:\/\/t.co\/lixFy7R2Qb<\/a><\/p>\n

\u2014 Bloomberg (@business) September 29, 2025<\/a><\/p>\n

The bank says eight of the region\u2019s largest lenders are now live on the platform, with QNB and Saudi National Bank named among them.<\/p>\n

That wider uptake is being framed as an effort to give corporate treasuries faster, programmable payment options across corridors that previously suffered from timing and liquidity friction.<\/p>\n

From Days to Minutes: #Qatar<\/a> National Bank Adopts #JPMorgan<\/a>\u2019s #Blockchain<\/a> for Faster USD #Payments<\/a> <\/p>\n

QATAR NATIONAL BANK is now the first in the country to adopt JPMorgan\u2019s #Kinexys<\/a> blockchain network for U.S.-dollar #corporatepayments<\/a>.<\/p>\n

The move enables 24\/7 settlement in\u2026 pic.twitter.com\/43MitrFbQ8<\/a><\/p>\n

\u2014 Unlock Blockchain (@unlockbc) September 29, 2025<\/a><\/p>\n

What This Means For Clients<\/h2>\n

Reports have disclosed that clients can expect fewer reconciliation headaches and a clearer view of funds as they move between accounts.<\/p>\n

Banks on Kinexys can create \u201cprogrammable\u201d payment flows \u2014 for example, payments that trigger only after a condition is met \u2014 which can shorten manual steps in trade and treasury operations.<\/p>\n

The platform also claims to preserve full payment amounts until they reach beneficiaries, reducing the chance of unexpected deductions.<\/p>\n

Momentum In The Region<\/p>\n

The QNB announcement follows similar moves by other institutions earlier this year that used Kinexys to expand anytime dollar clearing.<\/p>\n

In March 2025, for instance, India\u2019s Axis Bank began offering 24\/7 US dollar clearing with JPMorgan \u2014 a sign that banks in different markets are testing the same capability for corporate customers.<\/p>\n

While the speed gains are clear in promotional materials and press coverage, several operational details remain thin in public disclosures.<\/p>\n

Despite that, QNB\u2019s step into Kinexys highlights a shift in regional banking, as Qatar\u2019s biggest bank joins JPMorgan\u2019s blockchain payment network.<\/p>\n

Featured image from Coin-Update, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"

Qatar National Bank (QNB) has started using JPMorgan\u2019s Kinexys payments platform for US dollar corporate flows, bringing on-chain settlement to clients in the country. According to JPMorgan, the move went live in March 2025. QNB Adopts Kinexys For USD Flows Based on reports, the Doha lender will now be able to move US dollar payments […]<\/p>\n","protected":false},"author":0,"featured_media":101044,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-101043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/101043"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=101043"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/101043\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/101044"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=101043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=101043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=101043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}