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Tag: cross-border payments

World Banking Giants Join Project Agora to Reengineer Cross Border Payments

September 18, 2024 wp-bot Bitcoin News

Over 40 leading private banking institutions have joined Project Agora, a Bank for International Settlements (BIS) initiative to integrate smart contracts to change the current

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In-Depth Study Reveals Stablecoins as Pivotal Players in Global Finance

September 13, 2024 wp-bot Bitcoin News

As digital economies evolve, stablecoins emerge not just as mere facilitators for crypto trading but as pivotal tools in global financial systems. A comprehensive report

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Grayscale Launches XRP Trust — Cites Potential to Transform Legacy Financial Systems

September 13, 2024 wp-bot Bitcoin News

Grayscale Investments has created a new trust for XRP, allowing accredited investors to gain exposure to the cryptocurrency known for facilitating cross-border transactions. The Grayscale

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Japan’s major banks back new stablecoin project for global trade

September 6, 2024 wp-bot Blockchain, Cointelegraph

Project Pax, backed by Japan’s top banks, seeks to streamline cross-border transactions using stablecoins, addressing inefficiencies identified by the G20.

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Binance Research Report: Blockchain Could Transform Cross-Border Transactions

August 30, 2024 wp-bot Bitcoin News, Blockchain

Blockchain technology is set to transform the payments industry by tackling persistent issues in cross-border transactions. A detailed report by Binance Research suggests that incorporating

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India’s Central Bank Governor Discusses CBDC Progress and International Strategy

August 30, 2024 wp-bot Bitcoin News

The Reserve Bank of India (RBI) is actively exploring the potential of central bank digital currency (CBDC) on an international scale, according to Governor Shaktikanta

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Blockchain
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