PayPal‘s U.S. dollar-pegged stablecoin, PayPal USD (PYUSD), has made a significant leap in blockchain interoperability by integrating with the cross-blockchain bridging protocol LayerZero. Announced …
Tagged By Kadena
U.S. Election Sparks a Surge of Memecoins
In a single day, over 1,000 election-themed tokens have popped up on the Solana (SOL-USD) blockchain alone. This bizarre blend of politics and crypto is turning heads, as traders chase the latest …
JPMorgan Renames Blockchain Platform to Kynexis, to Add On-Chain FX Settlement for USD, EUR
The banking giant was one of the early leaders in applying blockchain tech to traditional financial activities, executing over $1.5 trillion of transactions since its inception.
JPMorgan to enable USD-EUR FX settlements on blockchain
JPMorgan Chase introduces blockchain-based FX settlement for dollar-euro transactions, using JPM Coin on the Kinexys platform.
The Protocol: Elections, Schmections. Blockchain’s Got Work to Do
Kadena, a layer-1 proof-of-work blockchain, has appointed Beatrice O’Carroll as a strategic advisor. According to the team: “With over 20 years of experience in financial services and crypto markets, …
US Treasury: Blockchain can improve financial system
Blockchain technology promises to create a “new financial market infrastructure” with “enhanced operational and economic efficiencies,” the United States Treasury said.