Wells Fargo Will Test US Dollar Stablecoin For Cross-Border Transfers Next Year

Wells Fargo is planning to test the use of a stablecoin, or a coin whose value is pegged to a fiat currency or a basket of goods, for US dollar transfers and Distributed Ledger Technology (DLT), a more centralized version of blockchain, in its operations in 2020. The San Francisco-based bank has already internally tested… Read More Wells Fargo Will Test US Dollar Stablecoin For Cross-Border Transfers Next Year