Settlements

Global blockchain money transfer network OKLink announced today that it will subsidize all fees on the first US$100,000 of cross-border transfers for every partner on the OKLink network, up to a total of US$100 million. The…

Financial technology company Paxos, named after a technical term that represents a process for reaching consensus, has released its new brand in delivering consensus-driven blockchain solutions for global financial…

BNY Mellon, Deutsche Bank, ICAP and Santander have joined UBS and Clearmatics to develop the Utility Settlement Coin (USC), a cryptocurrency model which aims to facilitate payment and settlement…

Mizuho Financial Group and IBM have announced a test of the potential of blockchain for use in settlements with virtual currency. By doing this, Mizuho hopes…