UBS pilots Digital Cash for cross-border payments

Quick Summary:

The pilot participants conducted local transactions in Swiss francs and global transfers in USD, euros, and yuan for faster and more transparent transactions.

The post UBS pilots Digital Cash for cross-border payments appeared first on CoinGeek.

Amazon partnered on the pilot with NTT Data (NASDAQ: NTDTY), Japan’s largest IT firm, and StraitsX, a Singaporean fintech startup.

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Article Details

Author / Journalist: Steve Kaaru

Category: Crypto

Markets: CanadaIndiaJapanSingapore

Topics: Stablecoins Switzerland Finance BSV Blockchain Bitcoin SV Tokenization Amazon Monetary Authority of Singapore

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 14:00:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 869 words

Reading Time: 5 minutes read

Sentences: 42 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 23586430

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