SWIFT Taps Ethereum Layer-2 Chain Linea, Bitcoin’s Fall, Mark Cuban’s Bitcoin ETF Observation And More: This Week In Crypto
It’s been quite a week in the world of cryptocurrency. From SWIFT’s decision to use Ethereum’s Layer-2 blockchain for stablecoin testing to Bitcoin’s price drop, here’s a quick recap of the top stories from the weekend.
SWIFT Taps Ethereum Layer-2 Chain Linea For Stablecoin Test
SWIFT has chosen Linea, the Ethereum (CRYPTO: ETH) Layer-2 blockchain developed by Consensys, to test blockchain messaging and stablecoin payments, according to a report on Friday.
Former Big Whale journalist Grégory Raymond cited sources familiar with the matter, saying the interbank messaging network, which connects more than 11,000 institutions worldwide, is experimenting with moving its payment instructions on-chain.
The trial includes major banks such as BNP Paribas and BNY, marking one of the most significant blockchain initiatives from traditional finance to date.
Read the full article here.
Mark Cuban’s Blast From The Past, Says Bitcoin Maxis ‘holding Their Breath’ On Etfs, Institutional Adoption
Billionaire investor and popular media personality Mark Cuban revisited his thoughts on the …
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