Citigroup, the third largest banking institution in the U.S., announced Monday the launch of Citi Token Services, a blockchain-based cross-border payments solution for institutional...
Visa selects Solana for stablecoin pilot, citing high throughput and low fees. Solana’s parallel processing and rapid transaction finality are key attractions for Visa....
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The recent rather dismal outlook in the crypto market has forced altcoins like XRP to puke considerable gains after Ripple’s...
American financial services giant JP Morgan is exploring a new type of token that will speed up its cross-border payments and settlements.
People familiar...
Global payments giant Visa has announced its latest move to modernize cross-border financial transactions. What Is USD Coin (USDC)? USDC, or USD Coin,...
Visa Inc. (NYSE: V), a global payments giant, has announced the expansion of its stablecoin settlement capabilities, according to Blockchain.News, incorporating the Solana blockchain...
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With blockchain technology, China’s Yuan challenges the US dollar’s dominance in global finance. mBridge’s potential raises geopolitical concerns, sanctions evasion, and regulatory...
The Chinese yuan has surpassed the US dollar in China’s cross-border payments for the first time in history, according to banking giant Goldman Sachs.
The...
The Shanghai Clearing House, a financial services clearing counterparty under China’s central bank, started digital yuan clearing and settlement services for trading in commodities...