Watch more: Digital Shift: Conduit’s Kirill Gertman Six months is an eternity in crypto. It’s also becoming one in stablecoins, where the last half-year has pushed the market from a single, dominant question of “Do stablecoins work?” Toward a more operational and thornier one: How...
Blockchain’s founding principles centered on being “trustless”: A system where cryptography and consensus replaced intermediaries, regulators and centralized control. While that framing resonated in crypto-native circles, it rang alarm bells elsewhere. Trust is the fundamental force that underpins money movement, global commerce, and the broader...
Money movement and financial services are underpinned by a timeless question: who is trusted to keep the books, and at what cost? Digital assets and blockchain have for years tried to muscle and build their way into this conversation. To their proponents, the tokenization of...
J.P. Morgan Chase is reportedly deepening its blockchain efforts with its first tokenized money market fund. The bank’s asset management unit is deploying the fund on the Ethereum blockchain, the Wall Street Journal (WSJ) reported Monday (Dec. 15), adding that J.P. Morgan will seed the...
JPMorgan has successfully arranged a U.S. commercial paper issuance on the Solana blockchain. The issuance, performed for Galaxy Digital Holdings and purchased by Coinbase and Franklin Templeton, marks one of the earliest debt issuances ever executed on a public blockchain, the banking giant said in...
Stripe and cryptocurrency venture firm Paradigm have reportedly begun a public trial for their blockchain project, Tempo. That’s according to a report Tuesday (Dec. 9) from Bloomberg News, which says the partners have opened the network to any company that wants to develop real-world stablecoin payments applications. As Bloomberg...
JPMorganChase said BMW has achieved a landmark using its Kinexys payments system. The carmaker has become the first corporation to carry out a fully preprogrammed foreign exchange (FX) transaction using programmable payments on Kinexys, the banking giant said in a Tuesday (Dec. 9) news release....
N3XT has launched as a fully blockchain-powered bank designed to enable clients to make instant, programmable B2B payments in U.S. dollars at any hour, on any day. The bank operates globally under a Wyoming Special Purpose Depository Institution charter, is a full-reserve bank with every...
Blockchain technology company Digital Asset received an investment from BNY, iCapital, Nasdaq and S&P Global. The company did not disclose the amount of funding in the Thursday (Dec. 4) press release announcing the investment. The news follows the company’s June announcement that it raised $135...