Todd Scott, vice president of IBM Blockchain Global Trade spoke about blockchain projects IBM is engaged in as well as IBM’s cooperation with Stellar. He also said that Wold Wire will enable the use of stablecoins, and much more.
Watch the video and discover what IBM developers working on World Wire think about Stellar technology and why they like it.
Wirex, a UK-based payment platform,has revealed that it is planning to launch 26 fiat-backed stablecoins on the Stellar Network.
JPMorgan rapidly expands its Interbank Information Network (IIN) reporting a whopping 201 banks joining its blockchain. Meanwhile, IBM and Stellar also push it hard to win over leading banking institutions globally. Is it time for Ripple to move a bit?
An attacker exploited a concurrency bug and created 2.25 billion XLM. Despite there were no media reports on the matter, Stellar stated that they had mentioned the bug twice in their release notes where they made it clear that the bug was exploited.
With the help of Stellar-backed Thunes, Western Union is going to allow its clients to transfer funds directly to mobile wallets globally.
IBM announced that two major US banks may soon offer their own cryptos on the IBM World Wire amidst growing concerns that Ripple’s dominance in this global remittance space may be under threat.
With the growing popularity of Stellar Lumens (XLM), the world’s eight largest cryptocurrency got recently listed on popular crypto exchange Coinbase.
IBM announced today that its global payment network, IBM Blockchain World Wire, has enabled payment locations in 72 countries, with 47 currencies and 44 banking endpoints and that it has signed letters of intent with six global banks.