Several prominent U.S. banks are reportedly exploring a joint venture focused on stablecoins, with Ripple technology potentially playing a key role in settlement support. The company’s experience navigating […]
Sumitomo Mitsui Bank Partners with Ava Labs and Fireblocks for New Stablecoin Launch
Sumitomo Mitsui Banking Corporation (SMBC), Japan’s second-largest bank, is collaborating with technology companies to launch its own stablecoin. The partnership involves Ava Labs, developers of the Avalanche blockchain, […]