Blockchain used for foreign payments
PUBLISHED : 18 Oct 2024 at 05:33
The venture uses blockchain technology and stablecoins, aiming to make overseas remittances more efficient and reliable.
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Blockchain used for foreign payments
PUBLISHED : 18 Oct 2024 at 05:33
The venture uses blockchain technology and stablecoins, aiming to make overseas remittances more efficient and reliable.
Siam Commercial Bank (SCB) has partnered with Lightnet, a fintech company co-founded by Chatchaval Jiaravanon, to launch Thailand’s first stablecoin, which is a digital asset pegged to gold or the dollar for cross-border payments and remittances.
The initiative,…