Chase Bank, a subsidiary of JP Morgan Chase, has announced a partnership with FCF Pay, a Canadian blockchain payments processor. Customers of the bank can now use popular cryptocurrencies such as Bitcoin, Ethereum, Shiba Inu, XRP, Dogecoin, Binance Coin, Tether, and USD Coin to make payments for their credit card bills, loans, and mortgages.

The integration of digital currencies into finance is becoming increasingly accepted. Nevertheless, Chase Bank maintains that it only settles payments in fiat currency and does not directly accept cryptocurrencies. Justin K. Page, Communications VP for Chase Bank, has clarified this point.

This new collaboration with FCF Pay follows the introduction of blockchain Euro payments by JP Morgan Chase earlier in 2023. The bank, in this way, is demonstrating its support for the adoption of blockchain technology.

In conclusion, Chase Bank customers are now able to make payments with cryptocurrencies, although the bank will continue to settle payments in fiat currency. This is an important development that reflects the increasing acceptance of digital assets in mainstream finance.