Distributed Ledger stories
Professional investors in Hong Kong can now access a tokenised US government money market fund, as Franklin Templeton broadens Asian distribution.
Korean banks could cut costs and delays on overseas transfers as the firms connect domestic payment infrastructure to live settlement rails.
South Korean businesses could see faster overseas payments as Jeonbuk Bank adopts Ripple Payments, cutting delays and fees on remittances.
AI agents gain a dedicated payment rail as the partnership aims to remove reliance on human card details for software-led purchases.
The valuation lifts Fasset into the ranks of privately held fintechs worth more than USD $1 billion as it expands cross-border settlement.
The move puts the platform among a small group testing how tokenised securities could settle in central bank money across Europe.
Corporate treasurers may gain faster cross-border cash transfers after HSBC and Standard Chartered tested live tokenised deposits on Swift's ledger.
Institutional clients gain faster settlement and cash visibility as Citi completes its US rollout of Single Event Processing.
The appointments signal Axiology's push to win institutional trust in Europe's tokenised asset market after its EUR €5 million seed round.
The service lets remittance recipients hold dollar value in 37 markets, helping protect balances from local currency swings before spending via Visa.
Blockchain apps risk losing new users unless developers simplify approvals and signing while keeping private keys and transactions secure.
Everyday crypto investors could escape tax on longer-term gains, as ACT targets simpler rules for small purchases and start-ups.
The industry-owned platform could let smaller lenders offer tokenised deposits and stablecoins without ceding control of payments infrastructure.
The tie-up could help institutional investors cut settlement friction as the pair test tokenised assets and digital cash for superannuation operations.
Paid transaction activity at IMPT jumped 273% in the first half as its live international platform broadened market coverage and inventory.
The hire signals Tokenovate's push to make its post-trade automation platform easier for institutions to deploy at scale.
Smaller exporters could gain faster cashflow if the test proves digital pounds and stablecoins can settle trade finance in one flow.
Existing banking systems can already deliver most of the promised benefits of tokenised deposits, according to a Loughborough University study.
Banks risk being blindsided by new digital finance firms that are already moving money faster and attracting users beyond the old model.
Delayed cross-border payments are costing banks millions and leaving businesses chasing funds they cannot trace.