Decentralized finance (DeFi) has, since its inception, sold itself on one premise: a financial system without intermediaries, governed collectively by its users through transparent, blockchain-based mechanisms. The appeal of that premise, and its associated promise, was both ideological and practical, with code replacing institutions, and...
Commercial payments firm Convera and blockchain-based enterprise solution provider Ripple have teamed up to offer crypto-enabled payment and treasury solutions for businesses. This collaboration will make cross-border payments faster and more reliable, especially in corridors where traditional options are limited, the companies said in a Tuesday (March 31) press release. It will leverage...
The New York Stock Exchange (NYSE) is exploring the use of blockchain technology and tokenization to enable real-time or near real-time settlement and extended trading hours, Chief Product Officer Jon Herrick said Thursday (March 26), according to a CoinDesk report. Speaking at the Digital Asset...
The traditional framing around stablecoins has been one centered on infrastructure. Reserves, regulation and the mechanics of maintaining a one-to-one peg with fiat currency have been the name of the game. But as the U.S. moves forward with the Guiding and Establishing National Innovation for...
Visa says it is joining the Canton Network blockchain as a “Super Validator.” The move, announced Wednesday (March 25), makes Visa the first major global payments firm to serve in this role, helping bring privacy‑preserving blockchain infrastructure to banks and financial institutions. “That move goes straight to a...
The New York Stock Exchange is teaming with Securitize to build its tokenized securities trading platform. With this partnership, the exchange (NYSE) has named Securitize the first digital transfer agent eligible to mint blockchain-native securities for corporate or ETF issuers on the platform, the two organizations announced in a Tuesday...
Solana Foundation has launched a developer platform designed to make it easy for enterprises and financial institutions to build and launch financial products on the Solana blockchain. The Solana Developer Platform (SDP) can be used out of the box by artificial intelligence coding platforms, is...
The Texas Bankers Association announced this month that it will give member banks structured access to tokenized deposit technology through its Innovation Magnet program, partnering with San Antonio-based Vantage Bank, one of the first Texas institutions to put tokenized deposits into live operation. The move signals...
The emerging model of treasury and payments optimization for adventurous CFOs isn’t crypto-native finance. It’s bank-native stablecoins. To understand the appeal, it can help to reframe the conversation. For many CFOs, stablecoins are not about crypto but about cash management. Finance and treasury teams are...