Cryptocurrency Market

Cryptocurrency Market

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

SPFS

companies-turn-to-crypto-for-payments-as-g7-and-eu-mull-sanctions-on-russian-swift-equivalent

Companies Turn to Crypto for Payments as G7 and EU Mull Sanctions on Russian SWIFT Equivalent

Leave a Comment / Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, Economics, Ethereum, EU, g7, Russia, Russian companies, SPFS, Stablecoins, Swift, Tether, USDT / / / , , , , , , , , , , ,

Some Russian companies have turned to using crypto to settle payments and protect themselves from potential secondary sanctions from Western countries. At least two top metal producers have transacted using USDT, the largest stablecoin in the crypto market, as the G7 and the EU mull more sanctions against alternatives for these operations. Crypto Used as […]

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china-backed-blockchain-project-proposes-swift-alternative-for-stablecoins-and-cbdcs

China-backed Blockchain Project Proposes SWIFT Alternative for Stablecoins and CBDCs

Leave a Comment / Alternative, Bank, banks, Bitcoin, Blockchain, Blockchain Project, CBDC, CBDCs, China, chinese, CIPs, cross border, Crypto Hacked, Cryptocurrency, Digital Currencies, Ethereum, Finance, foreign trade, Interbank, international, Payments, Red Date, Settlements, SPFS, Stablecoins, Swift / / / , , , , , , , , , , , , , , , , , , , , ,

The company developing China’s blockchain network wants to create a system for international settlements with stablecoins and state-issued digital currencies. The plan is to establish a platform facilitating the use of these two fiat-based digital assets in foreign trade. Company Behind China’s Blockchain Push Aims to Make Stablecoins and State Coins Interoperable Hong Kong-based Red

China-backed Blockchain Project Proposes SWIFT Alternative for Stablecoins and CBDCs Read More »