Technology enabling transfer of tokens between different blockchains, solving the interoperability problem. Bridges lock tokens on one chain and mint equivalent tokens on another, allowing users to access different ecosystems. However, bridges have become frequent targets for hackers due to their complex smart contract architecture
The implementation will initially centre on Colombia, and will combine ACI Connetic with Circle’s USDC infrastructure to incorporate stablecoin settlement into existing payment operations
The Swiss-regulated company aims to provide authorised firms with working capital across markets to pre-fund payment flows, underpinned by Ripple’s stablecoin RLUSD
The issuance was carried out through Luxembourg’s central securities depository, LuxCSD, leveraging the digital post-trade platform D7 DLT from its parent company, Clearstream
Banks and financial institutions will be able to launch a private Besu chain running the QBFT consensus, natively connected to Polygon’s decentralised cross-chain protocol, Agglayer
The US$100 million digitally native note transaction occurred on Euroclear’s Digital Financial Market Infrastructure, supported by Standard Chartered and Citi
The incorporation into MatrixNET, Gold-i’s multi-asset liquidity bridge, extends the reach of Crypto Finance’s institutional digital asset trading and liquidity services, says the firms
A cross-border payment using USBDC was executed on the Stellar blockchain between U.S. Bank entities in North America and Europe, evaluating minting, payment redemption, freezing, and clawback capabilities
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