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2019-09-21 08:40:22

Wells Fargo follows JP Morgan’s footsteps, announces to use stablecoin for cross border settlements.

The US-based banking giant Wells Fargo announced to launch its stablecoin to make cross border settlements. The stablecoin would run on the company’s blockchain. Executive, Lisa Frazier claimed that the bank’s blockchain for internal cross border money transfers is faster and cheaper than SWIFT. Earlier this week US-based Financial giant, Wells Fargo announced that they […]Read full post Wells Fargo follows JP Morgan’s footsteps, announces to use stablecoin for cross border settlements. on Chaintimes.com.