South Korea trading giant puts receivables onchain in tokenization test with LG CNS
POSCO International and LG CNS is tapping Injective network to tokenize live commercial invoices, another sign blockchain rails…
Browsing Tag
Trade Finance
11 posts
Commodity traders are getting debanked due to Iran war, pushing them to rely on stablecoins
As banks retreat from trade finance amid Iran-linked risk fears, non-bank lenders and traders are increasingly turning to…
Coinbase fined, Gemini digs privacy, Tether wants to own lending
CBI fines Coinbase €21.5M for AML lapses, Gemini’s Q3 shows rising costs despite gains, and Tether expands with…
Africa Embraces Stablecoins Via IOTA to Unlock $70B Pan-Continent Trade Tech
Formed in partnership with the Tony Blair Institute and the WEF, the initiative aims to overhaul trade with…
XDC Network Acquires Contour to Expand Stablecoins and Tokenization in Trade Finance
XDC said it’s reviving the once-shuttered blockchain platform to help banks and businesses streamline trade financing from documentation…
Northern Trust to Provide Custody, Cash Management Services for Stablecoin Issuer Haycen
TradFi giant Northern Trust (NTRS) will provide custody and cash management services for trade finance focused stablecoin issuer…
Why blockchain’s future lies outside the West
While the West is an economic powerhouse, non-Western regions are emerging as key to blockchain’s future, with their…
HKMA Project Ensemble partners with Brazil, Thailand for tokenization
The Hong Kong Monetary Authority launch Project Ensemble in March and now has at least three countries participating. …
Tokenized RWA Platform Huma Finance Gets $38M Investment, Plans Expansion to Solana and Stellar’s Soroban
Huma’s payment-finance platform aims to address the liquidity needs of trade financing using blockchain technology for faster settlement.…
Citigroup Unveils Citi Token Services for Cash Management and Trade Finance
Citigroup has announced the creation and piloting of Citi Token Services for cash management and trade finance. “Citi…