Bank national runny nose (QNB) He started using JPMorgan’s Kinexys Payment platform for corporate flows of American dollars, bringing a settlement in the chain to customers in the country. According to JPmorgan, the movement began in March 2025.
QNB accepts kinexys to USD flows
Based on reports, the lender will now be able to transfer American dollar payments around the clock, removing ordinary borders with business hours that delay transfers.
The system works 24 hours a day, 7 days a week and can settle transfers in just two minutes, which according to banks shortens what took days.
For JP MorganKinexys (an unit that has grown out earlier Blockchain Work) is implemented wider in the Middle East and North Africa.
QNB, one of the largest financial institutions in the Middle East, has gone to the JPMorgan blockchain platform for corporate payments of American dollars processed by the Bank from Qatar https://t.co/lixfy7r2qb
– Bloomberg (@business) September 29, 2025
The bank claims that the eight largest lenders in the region now live on the platform, with the QNB and the Saudi National Bank appointed among them.
This wider download is formulated as an effort for faster, programmable payment options in the corridors that have previously suffered from friction of time and liquidity.
From days to minutes: #Qatar The National Bank accepts #Jpmorgan‘S #Blockchain for faster USD #Payments
The national runny nose is now the first in the country to accept JPMorgan’s #Kinexys Blockchain network for the US dollar #Corporatepayments.
The transfer allows the 24/7 settlement in … pic.twitter.com/43mitrfbq8
– Reflect Blockchain (@unlockbc) September 29, 2025
What does this mean for customers
Reports revealed that customers may expect fewer problems with reconciliation and a more pronounced look at the means when moving between accounts.
Banks at Kinexys can create “programmable” payment flows – for example, payments that cause only after fulfilling the condition – which can shorten manual steps in trade and tax operations.
The platform also claims that it retains full payment amounts until they reach beneficiaries, reducing the risk of unexpected deductions.
Rush in the region
The QNB announcement is in line with similar movements of other institutions at the beginning of this year, in which Kinexys used the extension at any time of the dollar.
For example, in March 2025, the Osi Bank in India began to offer the settlement of American dollar 24/7 via JPMorgan – a sign that banks in different markets test the same ability to corporate clients.
While speed increases are clear in promotional materials and press reaches, several operational details remain slender in public disclosures.
Despite this, the QNB step in Kinexys emphasizes the change in regional banking, because the largest Bank of Qatar joins the JPMorgan blockchain payment network.
Highlified image from coins, chart from TradingView
