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An influential group in China has revealed plans for an East Asia digital currency scheme that could see a basket of currencies combined to take on Bitcoin, Facebook's Libra, and even the US dollar.
central bank digital currency, China, dollar, trade war, Bitcoin, cross border payments, digitalisation, yuan, Libra
HSBC has completed the first yuan-denominated blockchain-based letter of credit transaction within the Voltron trade finance platform.
HSBC, Voltron, blockchain, China, yuan, CNY, letter of credit, trade finance, trade finance platform, letter of credit transaction, BNP Paribas, Standard Chartered
Paysend has announced the launch of a new solution for global payments, which leverage the transparency of blockchain technology and a well-established global network.
Paysend, launch, Global Payments, stablecoin, Stellar, cryptocurrency, Pays XDR, UK, blockchain, fintech, payments , currency volatility, commerce, Visa, PayPal, merchants, dollar, euro, YEN, yuan, pound