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Tether used Signature Bank to access the US financial system

Tether used Signature Bank to access the US financial system to Bloomberg, Tether, the world's largest stablecoin issuer, utilized Signature Bank to transfer funds from the United States to the Bahamas. Money was routed through the Bank's Signet system Tether transferred funds from U.S. clients to Capital Union Bank, the issuer's Bahamas-based banking partner. The transfers happened via the Signet payments platform of Signature […]The post appeared first on Bitcoinmag.
Latam investment bank BTG Pactual unveils dollar-pegged stablecoin Pactual has announced the launch of its dollar-backed stablecoin dubbed BTG Dol. The bank now becomes the first banking institution in the Latin American region to launch a stablecoin. BTG Pactual launches own stablecoin BTG Pactual, the largest investment bank in Latin America has taken its web3 push a step further by rolling out […]The post appeared first on Bitcoinmag.
ANZ bank completes Australian CBDC use case for carbon credit trading
The first Australian dollar-backed stablecoin was used with Australian CBDC support to trade carbon credits with Grollo Carbon Ventures.
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