Navigating the Future Stablecoin Market
Recorded live: 25 April 2024 According to CCData’s recent Stablecoins & CBDCs research report, stablecoin trading volumes on centralised exchanges rose 4.54% to $1.05tn in January 2024, reaching their highest level for 3 years. The market is rapidly expanding and also growing more complex with popular stablecoin features including not just stability but also security […]
Modernizing Financial Markets with Wholesale Central Bank Digital Currency (wCBDC)
Achieving secure and efficient modernisation of wholesale financial markets will require close collaboration between the public and private sectors. As such, the World Economic Forum, in collaboration with Accenture, have published a new report exploring practical insights for policymakers and the private sector as they plan for the potential adoption of wCBDCs. Nearly all central […]
New Zealand Enter Stage 2 Exploration into CBDC
In an era increasingly defined by digital transactions, the Reserve Bank of New Zealand (RBNZ), also known as Te Pūtea Matua, is exploring the introduction of a digital cash system. Their initiative aims to complement, rather than replace, the traditional use of physical cash, acknowledging the evolving payment landscapes while maintaining a stronghold on accessibility […]
Global Blockchain Business Council (GBBC) partners with the Digital Pound Foundation
We are pleased to announce that Global Blockchain Business Council (GBBC) has joined the Digital Pound Foundation (DPF) as a strategic partner. GBBC is the largest leading industry association for the blockchain technology and digital assets community. Launched in Davos in 2017 as a Swiss-based non-profit, GBBC has more than 500 institutional members, and 301 […]
Ripple’s USD-backed stablecoin aims to bridge traditional finance and DeFi
The stablecoin market is expected to soar to a staggering $3 trillion within the next four years. In anticipation of this explosive expansion and recognising the escalating prominence of stablecoins in global financial ecosystems, Ripple has unveiled plans to introduce a new stablecoin pegged 1:1 to the US dollar (USD), fully backed by a combination […]
KodeLab joins the Digital Pound Foundation as an Associate Member
We are pleased to announce the addition of KodeLab to the Digital Pound Foundation’s membership community. They join the Foundation as an Associate Member. KodeLab is a full service consultancy specialising in digital assets, blockchain and AI. They also have a technology product suite enabling business end-users to instantly unlock ultra-flexible credit/liquidity in their properties […]
SWIFT to Unveil CBDC Platform in Move Towards Digital Banking
In a significant development for the global banking sector, SWIFT, the international banking communications network, has announced plans to launch a new platform within the next 12 to 24 months. This platform aims to integrate the emerging central bank digital currencies (CBDCs) with the current financial system. The initiative underscores the rapidly growing interest in […]
PayPal Introduces Zero-Fee Remittances with PYUSD Stablecoin via Xoom
PayPal is enhancing its Xoom money transfer application by allowing users to conduct remittances without any fees when using its stablecoin, PYUSD. This initiative is part of PayPal’s strategy to increase its presence in the global remittance market and to promote the usage of PYUSD, which was introduced last year. Unlike the standard 2% fees […]
Digital Currency Glossary
Foreword This glossary has been produced by UK Finance, The Payments Association, Digital Pound Foundation, TheCityUK, Innovate Finance and City of London Corporation, and supported by CryptoUK, CMS, Clifford Chance, Greengage, Cummings Pepperdine and The Realization Group. This glossary is also available in PDF format – click here to download a print-friendly copy. Digital currencies […]
Digital Pound Foundation joins forces with industry bodies to launch the Digital Currency Glossary, fostering better education on key terms
The Digital Pound Foundation is pleased to be part of launching a new educational tool – the Digital Currency Glossary – which has been developed in collaboration with leading industry bodies and firms including Innovate Finance, TheCityUK, City of London Corporation, UK Finance, The Payments Association, CryptoUK, Clifford Chance, CMS, The Realization Group, Greengage, and […]
