The world’s fourth-largest bank by market cap has announced it will develop its own cryptocurrency for international transfers in 2020. World’s 4th Largest Bank Reveals Wells Fargo Coin In a press release on September 17, Wells Fargo said its new remittance platform would form an international payment network based on what it describes as “distributed ledger technology” (DLT). Payments will work using a dedicated platform and asset called Wells Fargo Digital Cash. Pegged to theRead MoreThe post Wells Fargo To Launch Stablecoin Cryptocurrency in 2020 appeared first on Bitcoinist.com.
