Maybank S’pore improves cross-border settlements via BLOOM
SINGAPORE: Maybank Singapore has joined MAS’ BLOOM initiative to advance tokenised cross-border settlements. Borderless, Liquid, Open, Online and Multi-currency (BLOOM) seeks to improve cross-border settlement through tokenised bank liabilities and regulated stablecoins. The industry initiative aims to develop a more interoperable financial system. Maybank Singapore country chief executive officer and chief executive officer Alvin Lee [...]
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Maybank S’pore improves cross-border settlements via BLOOM Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders. Source: Sarawak Tribune https://a2zai.ai/bytes/maybank-s-pore-improves-cross-border-settlements-via-b...
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