• Stellar and Bitso are collaborating to promote international USDC payments to Latin America.
• Bitso will use Stellar’s Anchor Network to facilitate cross-border payments and remittances to Argentina, Mexico and Colombia.
• Stellar recently partnered with HoneyComb and Coinme for similar USDC transactions.
Bitso, a Latin American crypto-powered financial services platform and crypto exchange, has announced a partnership with Stellar in an effort that will see the two collaborate in advancing international payments.
The partnership will see Bitso integrate Stellar’s Anchor Network to allow companies from across the world make USDC payments across Latin America, starting with Mexico, Colombia and Argentina.
Category Archives: CRYPTO
HSBC becomes first bank in the world to offer tokenized gold
Stellar Lumens, along with dollar-denominated wallet AirTM, is helping billions of people in Latin America to move closer to financial freedom. Both companies are collaborating to bring the average Latin American much-needed financial support through cross-border payments within their home countries.
SIX, the Swiss National Bank (SNB), and six commercial banks have embarked on a pilot project with a focus on tokenized central bank money for financial institutions, commonly referred to as wholesale central bank digital currency (wCBDC).
Helvetia Phase III: Swiss Franc wCBDC Settlements
This initiative, known as Helvetia Phase III marks the first instance of orchestrating real Swiss Franc wCBDC for settling digital securities transactions. The pilot will be hosted on the digital asset platform of SIX Digital Exchange (SDX), a pioneering fully regulated financial market infrastructure for digital assets based on Distributed Ledger Technology (DLT).
Helvetia Phase III builds upon the insights and progress achieved during earlier phases of Project Helvetia, led by the BIS Innovation Hub, the Swiss National Bank, and the financial infrastructure operator SIX.
This collaborative endeavor involves several financial institutions, including Banque Cantonale Vaudoise, Basler Kantonalbank, Commerzbank, Hypothekarbank Lenzburg, UBS, and Zürcher Kantonalbank, which are all existing SDX member banks.
The United Kingdom government has published today (Monday) an updated version of its plans to regulate the fiat-backed stablecoins, revealing the approach of the Financial Conduct Authority (FCA) and Bank of England (BoE).
Press release from Reserve Bank of India
Premature redemption under Sovereign Gold Bond (SGB) Scheme-Redemption price for premature redemption due on October 30, 2023
Reminder for our lovely and new people to QSI:
October 29, 2023
GOLDBANK connects swisscustody SGB with StellarRussia’s SGBG platform. Read more about that here https://t.me/QuantumStellarInitiative/26271
Also reread the how all the bankbridges work:
https://t.me/QuantumStellarInitiative/27886
This is why they keep minting more and more SGB
https://t.me/QuantumStellarInitiative/31061
Which helps them release “premature SGB redemption” on October 30
https://t.me/QuantumStellarInitiative/31060
Because remember Detective explained about SGB here
https://t.me/QuantumStellarInitiative/31065
https://t.me/QuantumStellarInitiative/14858
Reread Nick and my original 13 post series uncovering SGB begins here (September 2022)
https://t.me/QuantumStellarInitiative/14022
Reread Nick and my updated 10 post series on “SGB Thingy” (February 2023) https://t.me/QuantumStellarInitiative/20017
Original proofs that Ben from StellarRussia is in charge of this SGB/RBI op, how I KYC him last October with public proofs
https://t.me/QuantumStellarInitiative/16230
QSI Channel
Stellar & QFS Training App
SEC has dropped the lawsuit against Ripple XRP executives Chris Larsen and Brad Garlinghouse.
Binance US asks users to convert USD into stablecoins for withdrawals
Binance US users “may convert” their US dollar holdings to stablecoins or other digital assets to withdraw the funds from their accounts, the firm said.
From 2024, the Moscow Exchange will list tokenized real estate as digital financial assets (DFA). The central bank has licensed ten. DFA issuers but granted the Moscow Exchange the first DFA exchange license in August. The National Settlement Depository, Russia’s primary central securities depository (CSD), became a licensed DFA issuer. The key benefits of DFAs are fractionalization and programmability. One of the first DFA tokenization platforms, Atomyze, has already issued three real estate DFAs, with one available to consumers. It apparently had a guaranteed minimum return of 10%. Other DFA issuers include Russia’s largest bank Sber, Alfabank and the St Petersburg Exchange. Real estate tokenization is attracting significant interest in other jurisdictions. In Japan, it’s the most popular avenue for tokenization. Mitsui & Co Digital Assets launched a platform enabling consumers to invest directly, sidestepping traditional securities intermediaries. And in Israel, the land registry is planning an exchange
Templeton Launches Tokenized Mutual Fund on Polygon
Franklin Templeton, a leading global investment management firm, recently invested in Polygon, a layer-2 scaling solution for the Ethereum blockchain. This significant move by Templeton Money Market Fund reflects the growing interest and adoption of decentralized finance (DeFi) by traditional financial institutions. Polygon’s technology, which reduces transaction costs and increases speed, serves as a bridge between traditional finance and DeFi, thereby allowing a broader range of investors to participate in the rapidly evolving ecosystem.
The integration of Templeton Money Market Fund with Polygon signals a shift in the financial landscape, as traditional and decentralized financial systems merge. The investment by Franklin Templeton showcases their forward-thinking approach and belief in the potential of DeFi. This collaboration is expected to pave the way for other traditional financial institutions to explore the benefits of decentralized finance and invest in blockchain technology.
U S dollar collapse primes crypto for trillions to flood the system-triggering an Epic Bitcoin, Ethereum, XRP, and crypto price prediction
Here comes kyc and aml protocol level seps
The ISO 20022 standard, known for providing consistent, structured data for various financial transactions, has now embraced the world of cryptocurrencies. This milestone signifies a pivotal moment in the convergence of traditional finance and digital assets. 🚀🚀🚀🚀
The ISO 20022 Crypto-list, comprising eight standards within the International Organization for Standardization (ISO), includes notable cryptocurrencies such as Verge (XVG), Algorand (ALGO), Cardano (ADA), XDC Network (XDC), IOTA (MIOTA), Hedera (HBAR), Stellar (XLM), 🥳🥳🥳🥳🥳🥳 Ripple (XRP), and Quant (QNT). These cryptocurrencies are now positioned to benefit from the increased recognition and credibility associated with ISO 20022 compliance.
Stephen Lindsay, the Business Lead at the Society for Worldwide Interbank Financial Telecommunication (SWIFT), revealed the organization’s commitment to supporting banks by providing standardized ISO 20022-based services.
SWIFT aims to expand the range of services available to banks for cross-border payments in the future, reinforcing the significance of ISO 20022 as a game changer in global finance. 🥳🥳🥳🥳
As the world of cryptocurrencies continues to evolve, the impact of ISO 20022 compliance cannot be overstated. It marks a significant step towards mainstream acceptance and recognition of digital assets as legitimate components of the global financial ecosystem. 🆗🆗🆗🆗🆗🆗
Elba is now working with the Stellar Development Foundation, a nonprofit that supports the growth of the Stellar blockchain network. He started out as a paid brand ambassador, but the relationship has morphed into something more like a mutual business partnership.
The conversation was about real-world utility. “I don’t see myself putting my name to a crypto brand,” says Elba. “I’m highlighting the capabilities of [blockchain as a] tool. And in my opinion, Stellar articulates it best.” 🎉🎉🎉🎉🎉
The particulars of the partnership are at this stage unclear. But to read between the lines, the ambition is to give residents of West Africa an alternative rail for transacting with one another and managing their money.
Elba compares the potential transition in West Africa, from traditional banking to crypto-based financial services, to the shift from physical mail to email. He imagines that, in the same way email gave anyone with internet access an online address from which to communicate, crypto could give everyone a digital financial address.💥💥💥💥
Project Odin
t.me/insiderpaper/22255
Protocol 20 –
t.me/Whiplash347/83317
t.me/Whiplash347/83481
t.me/Whiplash347/86431
t.me/Whiplash347/103801
Both GUARDIAN and Pendulum are tied to Defi Protocols.Wrapped version of them are mostly used for making operation cross-bridge and interact with smart contracts.
DARK [Rothschild’s] to LIGHT [Stellar Lumens]
Everyone go and read the Movie Plot to “Devil’s Champion”
A boy turns against his Satanic Mother.
The Stellar Development Foundation (SDF) made the announcement in an official blog post, highlighting its participation as the sole blockchain organization amidst a distinguished group of global collaborators. This strategic move demonstrates Stellar’s dedication to addressing the systemic challenges faced by the 2 billion individuals enduring poverty and insecurity worldwide.
Denelle Dixon, the CEO of SDF, emphasized the synergy between the organization’s objectives and the HRI Initiative. She stated, “SDF’s vision is to give people the tools to build resilient communities. We believe that blockchain technology can play a pivotal role in transforming frontier markets, strengthening local economies, and reducing aid dependency. 💃💃💃💃
It’s about empowering vulnerable communities to develop accessible, sustainable solutions that address deep-rooted challenges. Our participation in this initiative exemplifies our dedication to driving positive change on a global scale.”
The Foundation highlighted in the blog post that its alignment with the HRI Initiative is rooted in a shared vision, which is to harness the transformative power of blockchain to provide tangible solutions to real-world problems.
Moreover, the HRI Initiative, with its ambitious goal of mobilizing $10 billion in capital by 2030 to empower local businesses in frontier markets, perfectly aligns with Stellar’s mission.
By driving sustainable market-based solutions that reduce aid dependency and bolster community resilience, Stellar’s support for the HRI Initiative marks a significant step towards realizing the organization’s goals of creating meaningful and scalable global impact.
As SDF embarks on this journey alongside the WEF and other prominent collaborators, the blockchain community eagerly anticipates the innovative solutions and transformative impact that will undoubtedly emerge from this pioneering partnership. 🥳🥳🥳🥳🥳
PayPal rolls out PY USD stablecoin to Venmo users 💥
“Stellar has more real-world assets on chain, more than all other chains combined”
I think bringing God back needs to be first priority
Conspiracy Daily Update 