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, linking it to SWIFT to allow users to initiate payments conventionally using regular banking rails. Japanese Banks Aim to Ditch Intermediaries for Blockchain-Based Stablecoin System Traditional […]
Credit: Source link
Sell It All—Peter Schiff Urges Biden to Ditch US Bitcoin Reserves Before Trump’s Return
Gold advocate and economist Peter Schiff is not exactly cheering from the sidelines when it comes to a U.S. strategic...