#cross-border-settlement News & Analysis

2 articles tagged with #cross-border-settlement. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.

2 articles

CryptoBullishcrypto.news · Jun 47/10

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Shinhan targets Canton Network to take Korean assets global

Shinhan Financial Group, South Korea's major financial institution, is pursuing membership in Canton Network's governance structure to facilitate the tokenization and international expansion of Korean financial products. This move signals institutional adoption of blockchain infrastructure for cross-border asset management and positions Korean finance at the forefront of digital asset innovation.

CryptoBullishBitcoinist · May 87/10

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Mastercard and Ripple Complete Historic Transaction, New Use Case for XRP?

Ondo Finance, Kinexys by J.P. Morgan, Mastercard, and Ripple have successfully completed the first near real-time cross-border redemption of tokenized US Treasuries using the XRP Ledger as the settlement blockchain. This landmark transaction directly integrates public blockchain infrastructure with traditional banking systems, potentially establishing a new use case for XRP in institutional financial settlements.

$XRP