Stablecoins: The Future of International Money Transfer

Описание к видео Stablecoins: The Future of International Money Transfer

Standard Bank, Shinhan Bank, and Swirlds Labs, cordially invite you to an enlightening webinar featuring a collaboration with industry peers. The focus of this webinar will be on the topical issue of international remittances.

As a testament to their innovative endeavors, these banks have recently embarked on a ground-breaking pilot project. They have leveraged the utility of stablecoin to achieve real-time settlement and integrate real-time foreign exchange (FX) rates. The pilot was conducted using the Thai Baht (THB), New Taiwan Dollar (NTD), and South Korean Won (KRW), replicating a live environment to validate its applicability to present production capabilities.

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