Trade Finance
Africa Embraces Stablecoins Via IOTA to Unlock $70B Pan-Continent Trade Tech
Formed in partnership with the Tony Blair Institute and the WEF, the initiative aims to overhaul trade with USDT payments across 55 African nations.
XDC Network Acquires Contour to Expand Stablecoins and Tokenization in Trade Finance
XDC said it's reviving the once-shuttered blockchain platform to help banks and businesses streamline trade financing from documentation to settlements.
Haycen Secures Stablecoin Issuance License in Bermuda
The company provides stablecoin-based products for non-bank lenders in global trade.
Northern Trust to Provide Custody, Cash Management Services for Stablecoin Issuer Haycen
Haycen provides stablecoin-based solutions for non-bank lenders in global trade.
Tokenized RWA Platform Huma Finance Gets $38M Investment, Plans Expansion to Solana and Stellar’s Soroban
Huma's payment-finance platform aims to address the liquidity needs of trade financing using blockchain technology for faster settlement.
Citigroup Unveils Token Services for Institutional Clients
In a pilot, Citi used smart contracts to serve the same purpose as bank guarantees and letters of credit working with shipping company Maersk and a canal authority.
Stablecorp CEO on Reducing Cross-Border Payment Friction
Stablecorp CEO Alex McDougall shares a preview of I.D.E.A.S. 2022 by CoinDesk taking place Oct. 18-19 in New York City, where he will be speaking about his vision to reduce cross-border payment friction, and the state of trade finance.
Tron Founder Justin Sun Thinks Crypto Could Learn Something From TradFi
“We want our 100 million customers to know that we really take their money and their data seriously,” he said in an interview with CoinDesk.
Shanghai to Test Offshore Yuan Stablecoin on the Conflux Blockchain
China is using restricted-access blockchains in many industries, but the government use of a decentralized chain is rare.
