SShortSingh.
Back to feed

Qivalis CEO Says Stablecoins Set to Reshape Global Trade Finance

0
·1 views

Jan-Oliver Sell, CEO and founder of European stablecoin issuer Qivalis, has stated that stablecoins are poised to transform the global trade finance industry. According to Sell, the entire trade finance supply chain is in the process of shifting toward stablecoin-based systems. Qivalis operates as a stablecoin issuer based in Europe, positioning itself at the forefront of this anticipated transition. The comments reflect a broader industry trend of financial institutions exploring blockchain-based alternatives to traditional trade finance mechanisms.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
Crypto & Web3CoinDesk ·

Bitcoin Bear Markets Growing Milder as Institutions and ETFs Reshape Cycles

Bitcoin's most recent bear market was notably less severe compared to previous downturns in its history. The growing presence of institutional investors and the introduction of Bitcoin ETFs are credited with tempering the depth of the decline. These developments point to a maturing market that is gradually stabilizing Bitcoin's notorious boom-and-bust cycles. Analysts suggest that if bear markets are softening, future bull markets may also follow a similarly reshaped pattern.

0
Crypto & Web3CoinDesk ·

UK Banks Complete World's First Interbank Transactions Using Tokenized Deposits

Barclays, NatWest, HSBC, and other major UK banks have successfully completed what is being described as the world's first interbank transactions using tokenized deposits. The trials involved real-world use cases, including remortgage processing and a marketplace payment test. Unlike earlier experiments confined to a single institution, these transactions moved bank-issued digital cash across multiple financial entities. The milestone marks a significant step forward in the practical application of tokenized money within traditional banking infrastructure.

0
Crypto & Web3CoinDesk ·

ARK Invest Partners with Securitize to Tokenize Venture Fund Holding AI Stakes

Cathie Wood's ARK Invest has partnered with tokenization platform Securitize to bring its ARK Venture Fund onchain. The fund holds stakes in high-profile private tech companies, including AI firms OpenAI and Anthropic. Tokenization will initially launch on the Ethereum blockchain, with potential expansion to other chains in the future. The move aims to provide broader investor access to exposure in sought-after private technology companies through blockchain technology.

Qivalis CEO Says Stablecoins Set to Reshape Global Trade Finance · ShortSingh