News list for "Three major banks"
According to CoinDesk, Japan's Financial Services Agency announced today that it will support the empirical experiment of stablecoin co-issuance involving three major banks, including Mitsubishi UFJ Bank, Sumitomo Mitsui Bank, and Mizuho Bank. According to the FSA announcement, this empirical experiment will serve as the first supporting case for the newly established "Payment Innovation Project" (PIP), which aims to promote innovation in the payment sector. In addition to the three major banks,...
Under the Swiss Banking Association, three major Swiss banks - UBS, PostFinance, and Sygnum - have completed a trial of tokenized deposits based on the Ethereum public chain. In this proof-of-concept (PoC), the token triggers off-chain traditional payments, and plans to explore native digital deposit tokens in the future. The trial aims to break through the limitations of existing payment infrastructure and enable programmable payments and large fund transfers around the clock. The trial covers ...
According to Watcher.Guru, Bitcoin's market capitalization is larger than the combined market capitalization of the world's top three banks: Bitcoin: 1.37 trillion USD; JPMorgan Chase: 574 billion dollars; Bank of America: 311 billion dollars; Industrial and Commercial Bank of China: 268 billion USD.
