China-backed Blockchain Project Proposes SWIFT Alternative for Stablecoins and CBDCs
The company developing China’s blockchain network wants to create a system for international settlements with stablecoins and state-issued digital currencies. The plan is to establish a platform facilitating the use of these two fiat-based digital assets in foreign trade. Company Behind China’s Blockchain Push Aims to Make Stablecoins and State Coins Interoperable Hong Kong-based Red […]
Davos-launched blockchain project aims to be the ‘SWIFT’ of stablecoins and CBDCs
A SWIFT-style system for bank-issued and regulated digital currencies was launched by a firm involved in building China’s national blockchain project.This post was originally published on this site