article thumbnail

Ozean Teams up With First Digital to Provide Stablecoin Solutions to Projects Tokenising RWAs

The Fintech Times

Launched in June 2023, FDUSD is a 1:1 USD-backed stablecoin with a market cap exceeding $2billion, designed to provide a secure, transparent, and scalable global digital dollar solution. Ozean provides the essential infrastructure for blockchain financial markets, enabling users to earn native yield on stablecoins.

article thumbnail

Offline settlements with a digital pound: Lessons from the BoE’s report

The Payments Association

Simon Treacy Financial Regulation Counsel, Linklaters “The Bank of England is cautiously exploring a digital pound, confirming offline functionality is technically feasible, though not without trade-offs like secure hardware and balance caps. Without proper education on risks and recovery processes, user mistakes could create liability.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CBDC poses threat to banks, trade groups tell Fed

Payments Dive

digital dollar would take $720 billion in deposits out of banks even if the central bank were to cap accounts at $5,000 per "end user," the American Bankers Association wrote in a letter.

article thumbnail

European Central Bank sets out business model for digital euro

NFCW

TRANSACTION FEE: A step-by-step overview of the digital euro compensation model Payment service providers will be able to charge merchants a fee for enabling them to accept digital euro transactions, the European Central Bank (ECB) has revealed, but a cap will be placed on the amount that it will be possible for them to charge.

article thumbnail

New Study: 2018 State of Embedded Analytics Report

Why do some embedded analytics projects succeed while others fail? We surveyed 500+ application teams embedding analytics to find out which analytics features actually move the needle. Read the 6th annual State of Embedded Analytics Report to discover new best practices. Brought to you by Logi Analytics.

article thumbnail

What Capitol Hill’s ‘Horizontal’ Block Means For Big Tech – And Connected Economies

PYMNTS

The horizontal push – vital to bringing innovation to end users and, in some cases, spawning the “super app” – may hit a regulatory roadblock. Among the other proposals might include a cap of a 40 percent market stake for the seller and a cap of 25 percent buyer’s control of any given market. As reported on Tuesday (Oct.

article thumbnail

Unveiling the Future: Insights from Token2049 on Crypto, Web3 and the Evolution of Finance

The Fintech Times

The key to Web3 development focuses on providing a user-friendly interface and experience for decentralised applications. It’s common for end-users to interact with Web3 applications instead of the blockchain directly. It’s like Bitcoin and has a high market cap, this one I heard about in the news.