In a groundbreaking move, Progmat and Datachain have jointly filed a patent application for an international remittance system utilizing stablecoins, dubbed "Project Pax." Announced publicly on September 5, 2024, this initiative is poised to revolutionize the landscape of cross-border transactions
Blockchain technology has long held the promise of revolutionizing the financial sector, yet its adoption by traditional financial institutions has been hampered by significant privacy and regulatory concerns. Chainlink's innovative CCIP (Cross-Chain Interoperability Protocol) Private Transactions
In the ever-evolving world of finance, Siam Commercial Bank (SCB), one of Thailand’s leading financial institutions, has embarked on an innovative journey to revolutionize cross-border payments through the adoption of stablecoins. This initiative not only promises to enhance efficiency but also to
In recent years, Swiss banks have increasingly recognized the potential of blockchain technology, integrating it into their growth strategies with a focus on cryptocurrencies. This significant shift towards digital assets is driven by the need to innovate and stay competitive in the rapidly
The acquisition of fintech startup Bridge by Stripe for an impressive USD 1.1 billion has made waves in the cryptocurrency sector. This transaction not only sets a new record within the industry but also signals a potential pivotal shift in the adoption and integration of stablecoins. Many wonder
VanEck, a global investment management firm known for its pioneering efforts in the cryptocurrency space, has launched VanEck Ventures. This $30 million venture capital fund aims to invest in early-stage startups within the realms of fintech, digital assets, and artificial intelligence (AI). The
