Trade Finance
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.
Standard Chartered to Launch Blockchain Trade Finance Platform in Joint Venture
The Olea platform will leverage blockchain tech in a bid to connect institutional investors to businesses requiring supply chain financing.
Russia's Telecom Giant MTS Invests $11.7M in Blockchain Trade-Finance Service: Report
MTS bought 51% of Factorin, a Russia-based trade-finance service, for $11.7 million.
R3 Corda Now Has a Bridge to Public Blockchains With Arrival of Ethereum-Based XDC
Former RBS bankers from blockchain startup LAB577 built the bridge.
Aegis Custody Clears Hurdle in Bid for South Dakota Trust Charter
Aegis Custody wants to build a tokenized bridge between U.S. investors and trade finance opportunities in Asia.
