cross-border payments
- Companies
UBS Pilots Blockchain-Based System for Enhanced Cross-Border Payments
Swiss bank UBS (UBSG.S) announced on Thursday the successful completion of a pilot for its blockchain-based payment system, UBS Digital…
Read More » - CBDC
BIS Evaluates the Potential Shutdown of Project mBridge
According to a recent Bloomberg report, the Bank for International Settlements (BIS) is evaluating the potential shutdown of Project mBridge,…
Read More » - Global News
Siam Commercial Bank Launches Thailand’s First Stablecoin-Powered Cross-Border Payment System
Siam Commercial Bank (SCB), Thailand’s fourth-largest and oldest lender, has launched the country’s first stablecoin-powered cross-border payment system, according to…
Read More » - Global News
JPMorgan Joins BIS’s Agora Blockchain Project to Revamp Cross-Border Payments
The Bank for International Settlements (BIS) has partnered with some of the world’s largest banks and credit card companies on…
Read More » - Reports
The End of the Petrodollar? A Closer Look at the Future of Oil Settlements
The recent expiration of the long-standing petrodollar agreement between Saudi Arabia and the US has stirred the global financial system.…
Read More » - Editor Choice
China-Arab States Cooperation Forum Eyes Blockchain Future with Local Currencies and CBDCs
The 10th Ministerial Conference of the China-Arab States Cooperation Forum (CASCF) concluded today, signaling a potential boom for blockchain technology…
Read More » - Companies
Ripple Acquires Fortress Trust to Expand its Services
Ripple, the cryptocurrency company known for its cross-border payment services, has announced its acquisition of Fortress Trust, a startup specializing…
Read More » - Global News
JPMorgan Explores Blockchain-Based Deposit Token for Cross-Border Payments
JPMorgan Chase & Co. is reportedly in the early stages of investigating the development of a blockchain-based digital deposit token…
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