Wells Fargo tests cryptocurrency for internal transactions

EMIREX Exchange
EMIREX.official
Published in
1 min readSep 20, 2019

Warren Buffet, an outspoken crypto sceptic, owns around 10% of Wells Fargo, that announced a pilot its own digital currency powered by blockchain to move cash across borders and between branches in real-time.

The US pegged stable coin will allow the bank to bypass third parties in the asset transfer process saving costs and time.

Does that mean that Buffet changed his mind on crypto??🤔🤔

What do you think?

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