The Bank of England on January 21st, 2020, has officially announced that it will be exploring the use cases of central bank digital currencies (CBDC). However, the bank will work with a group of other central banks from around the globe. Moreover, each bank will share their learnings to educate each other on the potential […]
Ripple, the blockchain payments firm, is targeting more partnerships with Brazilian banks in 2020. Recently, the company hit a valuation of $10 billion; and therefore, plans to expand partnerships. The firm’s current focus is to coordinate with banks and regulators in Brazil to make remittances more efficient. The Managing Director of Ripple, South America Luiz […]
The JP Morgan blockchain payments network chase to add new features has landed in Japan. Soon Japan will have JPM Coin to speed up the cross-border payments between the firms and bond transactions. JPM coin is a stable coin that intends to enable faster and secure payment processing. Again, customers can use it for commodity […]
Cebuana Lhuillier, a Philippines-based pawnbroker and remittance firm, has announced that it is partnering with Ripple to improve the efficiency of cross-border transfers. The firm is looking forward to align with xCurrent, a new enterprise software solution from Ripple, to revolutionize the traditional way of money transfers.