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Wells Fargo, HSBC to use blockchain to settle FX transactions - press release
Binance
2021-12-13 11:12
U.S. bank Wells Fargo and British bank HSBC announced an agreement on Monday to start using a blockchain-based solutions to net off and settle foreign exchange transactions.
Both banks will use a joint settlement ledger to process U.S. dollar, Canadian dollar, British pound sterling and euro transactions, they said in a press release.
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