Citi uses Avalanche Chain to trial FX solution
Golden Finance reported that Citibank has developed a public blockchain foreign exchange solution as part of the Monetary Authority of Singapore's tokenization plan, Project Guardian. Citigroup collaborated with T.Rowe Price and Fidelity International to develop a licensed instance of the Avalanche blockchain. T. Rowe Price has a $1.3 trillion asset management scale and has been developing foreign exchange swaps on Avalanche for some time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
In the past 12 hours, the entire network has liquidated 418 million US dollars, mainly long orders
Today's Fear and Greed Index dropped to 79, and the level is still Extreme Greed.
BITB had a net outflow of US$280.7 million yesterday
Trump: 25% tariffs to be imposed on Mexican and Canadian goods
Trending news
MoreCrypto prices
More
