BBVA has announced the integration of USD Coin (USDC), a leading stablecoin pegged to the U.S. dollar, into its cryptocurrency custody and trading services in Switzerland. This move aims to enhance the bank’s digital asset offerings for institutional clients, providing them with faster and more efficient trading options through blockchain technology. USDC, launched by Circle […]
The Hong Kong Monetary Authority (HKMA) has officially launched the Project Ensemble Sandbox, a groundbreaking initiative to advance the tokenization of assets in Hong Kong. This project is a key element of Project Ensemble, HKMA’s wholesale central bank digital currency (wCBDC) venture, aimed at supporting the development of the tokenization market. Launched in March 2024, […]
Franklin Templeton, a major player in global asset management, has further expanded its blockchain initiatives by integrating its OnChain U.S. Government Money Fund (FOBXX) with the Avalanche blockchain. This move marks the latest step in Franklin Templeton’s strategy to broaden the accessibility and functionality of its tokenized financial products. Originally launched on the Stellar blockchain […]
