Dukhan Bank became part of J.P. Morgan’s Blockchain Deposit Account network, Kinexys, on August 3, 2026. Dukhan Bank taps Kinexys for 24/7 settlementKinexys keeps cross-border payments open around the clock. Dukhan Bank, one of Qatar’s leading Sharia-compliant banks, said the launch was part of a wider digital push. J.P. Morgan operates JPM Coin, ticker JPMD, a dollar-denominated deposit token that the bank considers a regulated bank liability, not a stablecoin. In November 2025, Kinexys and DBS Bank of Singapore started developing an interoperability framework to transfer tokenized deposits between various blockchain systems.