usc

The banks are planning to develop a new digital cash to serve as a standard for financial trades settlement.

Facebook’s GlobalCoin Cryptocurrency Likely to Arrive This June
June 6th, 2019

Facebook is reportedly collaborating with third-party organizations to act as “nodes” and maintain their GlobalCoin cryptocurrency network through proper licensing procedures.

World’s Major Banking Giants Invest $63M into the New Digital Token
June 4th, 2019

Global banking giants including Barclays from Europe, Credit Suisse, UBS, and MUFG Bank, together announce the Utility Settlement Coin (USC) cryptocurrency to leverage instant cross-border settlements at reduced costs.

UBS, BNY Mellon, Deutsche Bank and Santander Partner with Clearmatics to Launch ‘Settlement Coin’
August 24th, 2016

The banks are planning to develop a new digital cash to serve as a standard for financial trades settlement.