According to the source, QNB Group has adopted JPMorgan’s blockchain platform to process U.S. dollar payments 24/7 in minutes via the Kinexys Digital Payments system, source: the source. JPMorgan states its Onyx Coin Systems (JPM Coin) enables round-the-clock wholesale USD transfers on a permissioned ledger separate from public cryptocurrencies, source: JPMorgan Onyx. QNB Group ranks among the largest banks in the Middle East by assets, indicating meaningful potential volumes for cross-border settlement migration, source: QNB Group corporate profile. Because JPM Coin is a closed, bank-grade deposit token, there is no direct on-chain demand link to BTC or ETH spot markets, though the narrative supports institutional blockchain adoption and tokenized deposits, source: JPMorgan Onyx; BIS CPMI analysis on wholesale DLT. Traders should watch payment and RWA narratives for sentiment and liquidity shifts and monitor USD funding spreads during MENA hours, as bank blockchain rails can compress settlement times without touching public chains, source: BIS CPMI wholesale payments research; JPMorgan Onyx.