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Utility Settlement Coin
Secretive Digital Fiat Project Emerges With New Partner as CBDC Chatter Grows
Fnality, a high-profile digital fiat project backed by 14 big-name financial institutions, is teaming with the ConsenSys-backed Adhara.
Top Banks 'Investing $50 Million' to Build Blockchain Settlement System
Around a dozen banks are said to be spending $50 million to build a blockchain-based digital cash settlement system, according to Reuters.
R3 Rebuffed In Attempted Bid for Settlement Coin Blockchain Project
Blockchain tech provider R3 tried to take over one of the most well-known bank blockchain projects this June. The only problem? It didn't work.
Is Blockchain Ready for Fiat? Why Banks See Big Promise in Crypto Cash
Both new and founding members of the Utility Settlement Coin project think its work could lead central banks to adopt blockchain-based fiat currency.
Barclays, HSBC Join Settlement Coin as Bank Blockchain Test Enters New Phase
Utility Settlement Coin is moving into its third phase – building a kind of blockchain-based fiat testnet – with six new partners.
Utility Settlement Coin Creator to Open-Source Modular Blockchain Software
The secretive firm behind the Utility Settlement Coin project has told CoinDesk of plans to roll-out new open-source offerings.
Why ICAP Believes Central Banks Could Adopt Digital Currency
ICAP is working to show central banks how they may be able to one day adopt a market infrastructure based on distributed ledger tech.
