Saudi Arabia Central Bank Launches CBDC Experiment
Saudi Central Bank continues CBDC experimentations, currently focusing on domestic wholesale of CBDC in collaboration with local banks and fintechs.
Stablecoin - page 6
Binance SWIFT Banking Partner to Ban USD Transfers Below $100K
Binance’s SWIFT partner, Signature Bank, has set a minimum transaction limit of $100,000.
Universal Digital Payments Network Launches at Davos
A Universal Digital Payment Network (UDPN) for stablecoins and Central Bank Digital Currencies (CBDC) was launched at the World Economic Forum (WEF) in Davos.
Over 1% of Binance Tokens Just got Burned
BNB Chain has burned over $500 million worth of its native BNB tokens during its 22nd scheduled burn, the first quarterly burn of 2023.
Tether’s Settlement Volume Flips Visa and Mastercard
According to Coin Metrics, Tether (USDT) handled $18.2 trillion in transactions in 2022, far surpassing established payment processors Visa and Mastercard, who processed $14.1 trillion and $7.7 trillion, respectively.
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