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#digitaltoken — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #digitaltoken, aggregated by home.social.

  1. #Europe has decided it cannot afford to wait any longer. While American dollar-backed stablecoins spread rapidly across the globe, the European Union is pushing hard to turn its own currency into a digital token

    dmarketforces.com/the-eu-pushe

    #EU #TokenisedEuro #DigitalToken #Euro

  2. I smell Grift, wonder why? Or is this just a framework of a concept?

    Gaza "Board of Peace" considering issuing a Stablecoin pegged to the US $.

    Who will store the reserves, who would audit them, who would operate the blockchain, and where would it be located/hosted, what legal system would enforce payments - all open questions .

    Is it realistic that Gazans would be able to access the system given there is next to no functioning Internet in Gaza? gizmodo.com/trumps-so-called-b #Gaza #BoardofPeace #Internet #Crypto #CryptoCurrencies #StableCoin #Grift #BlockChain #DigitalToken

  3. JPMorgan Chase is piloting "JPMD" - a deposit token—a digital representation of a bank deposit that is managed with blockchain. JPMD will be issued on Base, a public Ethereum-based blockchain managed by Coinbase.

    The token, exclusively available to JPMorgan’s institutional clients, which include corporations and pension funds, will be used to settle transfers 24hrs. per day and make cross-border business-to-business payments.

    This is NOT a stablecoin, JPMD will be backed by “the same liquidity frameworks as traditional banks,” according to the Bank.

    finance.yahoo.com/news/jpmorga #Crypto #JPMorgan #Banking #DepositToken #DigitalToken #CoinBase #Base #blockChain #Ethereum

  4. JPMorgan Chase is piloting "JPMD" - a deposit token—a digital representation of a bank deposit that is managed with blockchain. JPMD will be issued on Base, a public Ethereum-based blockchain managed by Coinbase.

    The token, exclusively available to JPMorgan’s institutional clients, which include corporations and pension funds, will be used to settle transfers 24hrs. per day and make cross-border business-to-business payments.

    This is NOT a stablecoin, JPMD will be backed by “the same liquidity frameworks as traditional banks,” according to the Bank.

    finance.yahoo.com/news/jpmorga #Crypto #JPMorgan #Banking #DepositToken #DigitalToken #CoinBase #Base #blockChain #Ethereum

  5. JPMorgan Chase is piloting "JPMD" - a deposit token—a digital representation of a bank deposit that is managed with blockchain. JPMD will be issued on Base, a public Ethereum-based blockchain managed by Coinbase.

    The token, exclusively available to JPMorgan’s institutional clients, which include corporations and pension funds, will be used to settle transfers 24hrs. per day and make cross-border business-to-business payments.

    This is NOT a stablecoin, JPMD will be backed by “the same liquidity frameworks as traditional banks,” according to the Bank.

    finance.yahoo.com/news/jpmorga #Crypto #JPMorgan #Banking #DepositToken #DigitalToken #CoinBase #Base #blockChain #Ethereum

  6. JPMorgan Chase is piloting "JPMD" - a deposit token—a digital representation of a bank deposit that is managed with blockchain. JPMD will be issued on Base, a public Ethereum-based blockchain managed by Coinbase.

    The token, exclusively available to JPMorgan’s institutional clients, which include corporations and pension funds, will be used to settle transfers 24hrs. per day and make cross-border business-to-business payments.

    This is NOT a stablecoin, JPMD will be backed by “the same liquidity frameworks as traditional banks,” according to the Bank.

    finance.yahoo.com/news/jpmorga