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  • Market Cap: $2,404,609,410,019.67
  • 24h Vol: $55,478,542,091.54
  • BTC Dominance: 56.53%

mBridge

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Tencent Tests Use Cases for Trading Settlements Using Digital Yuan and Mbridge

Leave a Comment / Bitcoin, CBDC settlements, China, Crypto, Crypto Hacked, Cryptocurrency, Digital Yuan, Ethereum, Fintech, mBridge, tencent / / / , , , , , , ,

Tencent, the Chinese tech giant, was revealed to be participating in the tests that the Chinese institutions have completed using Mbridge, a CBDC-enabled cross-borders settlement platform. Tencent participated through its international settlements arm Tenpay, which piloted the use case of the Chinese CBDC, the digital yuan, to settle e-commerce exports using Mbridge’s rails. Tencent Participated […]

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Analyst: Bank of Thailand Boosts Gold Reserves to Push De-Dollarized Trading System Fueled by CBDC

Leave a Comment / bank of thailand, Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, gold, Jan Nieuwenhuijs, mBridge, News / / / , , , , , ,

The Bank of Thailand might be increasing its gold reserves to power a de-dollarized trading system, according to Jan Nieuwenhuijs, a gold market analyst. Nieuwenhuijs states that the Bank of Thailand’s constant gold purchases might indicate the nation is preparing to address the possible trade imbalances derived from using Mbridge, a CBDC cross-border settlement project.

Analyst: Bank of Thailand Boosts Gold Reserves to Push De-Dollarized Trading System Fueled by CBDC Read More »

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Cross Border CBDC Project Mbridge Enters MVP Stage

Leave a Comment / BIS, Bitcoin, CBDC, crypto cryptocurrency, Crypto Hacked, Cryptocurrency, Ethereum, Fintech, mBridge, MVP / / / , , , , ,

Project Mbridge, the cross-border central bank digital currency (CBDC) project that seeks to integrate several currencies into a global network, has reached its minimum viable product stage. This means that each one of the participant central banks has deployed a validating node in the network, that is ready to perform real-value transactions CBDC Project Mbridge

Cross Border CBDC Project Mbridge Enters MVP Stage Read More »