TL;DR: In a November 5 speech, the European Central Bank said 36 payment service providers have been selected for a planned digital …
pilot
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Finance
ECB Picks Digital Euro Network Providers as Pilot Infrastructure Takes Shape
by shayaanby shayaanTL;DR: The ECB has selected two provider groups for digital euro connectivity. The contracts support pilot preparation and possible future issuance, without …
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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest …
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Finance
SBI and Startale Join Open Standard to Pilot Yen-Dollar Stablecoin Settlement
by shayaanby shayaanThe announcement covers only a pilot exploration. No commercial service, production settlement, or trading activity is starting, and SBI and Startale have …
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The digital euro will not reach the public this year or next. European Central Bank President Christine Lagarde said on October 17 …
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Japan’s three largest banks said their shared yen-denominated stablecoin cleared a July pilot, keeping the country’s highest-profile digital-money project for corporate payments …
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SBI Holdings and Startale Group said on October 16 that they have joined Open Standard, the alliance behind the U.S. dollar stablecoin …
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Finance
UK’s largest retail bank Lloyds, Visa complete live stablecoin settlement pilot
by shayaanby shayaanThe pilot showed how stablecoins could help address some of the timing constraints of traditional cross-border settlement. Conventional processes can take a …
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Which stablecoin pilot did Japan’s FSA approve? The FSA’s latest pilot is built around using TradeWaltz, which runs a Software as a …
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The Bank of Korea has launched its first 24-hour won settlement network pilot, allowing foreign investors to settle Korean currency transactions outside …