The digital tenge has been used for everything from free school lunches to tokenizing gold, and there’s more to come.
SWIFT News
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LINK outperformed most cryptocurrencies in September, but the recent correction raises questions on the sustainability of the bullish momentum.
7643The bank messaging network has seen a dramatic increase in processing speed and is developing technology to connect CBDCs.
6544Ripple Labs built its XRP token on a centralized system. But with legal action against Ripple coming to a close, it could move toward a more open platform.
9418SWIFT claims that interlinking existing systems with blockchains is better for the short term than bringing CBDCs together with tokenized assets in a single ledger.
7195Several top banks around the world are already collaborating with Chainlink to explore applications for the Cross-Chain Interoperability Protocol.
8056Swift, the interbank payments network, has enlisted a dozen world-class institutions — and Chainlink — to fix blockchain’s interoperability deficit.
5187According to the Bitcoin custodian, utilizing the USDC stablecoin will allow members to deposit and withdraw funds without fees.
5344There is no technical reason preventing Russia from creating its own blockchain-based system, blockchain provider Fuse Network’s CEO believes.
6614According to a recent survey by the OMFIF Digital Monetary Institute that was cited by SWIFT, 24% of central banks will introduce a CBDC within the next couple of years.
9578The demise of the crypto-friendly bank has prompted discussion about who tipped the first domino, and where crypto firms can turn for their banking needs.
5558Binance stressed that credit and debit card payments will continue to be accepted and that non-USD bank transfers would still be processed through the SWIFT payment system.
46138Another major financial institution has signaled its intent to offer Bitcoin and Ether services to its clients.
6779According to Chainalysis data, Russia’s stablecoin usage has increased since the onset of the war, due partly to ordinary Russian citizens seeking to protect their assets.
4190Visa is set to integrate its B2B Connect network with JPMorgan’s suit of blockchain-based cross-border payment products.
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