The largest Japanese banks—MUFG, SMBC, and Mizuho—plan to use a stablecoin-based system to facilitate cross-border payments in the future. The initiative, Project Pax, replaces correspondent banks with blockchain technology,...
Curated by www.knowledgeinnovations.com – Your authoritative knowledge source mapping FinTech, Innovations, Artificial Intelligence, Blockchain, Big Data, Machine Learning Subscribe to ETT March 30, 2024 Welcome to Emerging Tech Trends...
Financial messaging system SWIFT has released plans for a worldwide central bank digital currency (CBDC) network, a result of eight months of tests using different technologies and currencies. SWIFT’s...
Central Bank Digital Currencies have become a government favorite tool to usher the advancement of web3 and digital currencies. Whether or not the countries looking into CBDCs legalize crypto...