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Wyoming introduces state backed stablecoin on 7 blockchains – Ledger Insights – blockchain for enterprise
Wyoming has launched the Frontier Stable Token (FRNT), making it the first public entity in the United States to issue a stablecoin. The Wyoming Stable Token Commission announced the mainnet launch, positioning the state as a pioneer in government backed digital finance initiatives. The token is backed by US dollars and short duration treasury securities
G+T and GFT join Commercial Bank Money Token initiative
(G+D), and GFT Technologies (GFT) are joining the CBMT initiative as Technical Service Providers (TSP), driving commercial bank money designed to facilitate direct and secure transactions between businesses using Distributed Ledger Technology (DLT). External This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
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BRIEF published on 08/19/2025 at 10:20 on GFT Technologies AG (isin : DE0005800601) The Universal Digital Payment Network (UDPN), Giesecke+Devrient (G+D), and GFT Technologies (GFT) have joined forces to support the CBMT (Commercial Bank Money Token) initiative, aimed at enhancing the digital financial landscape. As Technical Service Providers, these organizations will help advance secure, scalable
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GFT Technologies SE / Key word(s): Alliance UDPN, G+D, and GFT Join CBMT Initiative to Enable Tokenized Commercial Bank Money for a More Digitalized Financial System 19.08.2025 / 10:15 CET/CEST The issuer is solely responsible for the content of this announcement. UDPN, G+D, and GFT Join CBMT Initiative to Enable Tokenized Commercial Bank Money for
XRP News Today: Ex-SWIFT Specialist Endorses XRP and XLM for Cross-Border Payments Efficiency
Coin World Monday, Aug 18, 2025 11:03 am ET 1min read - Ex-SWIFT expert Andre Casterman affirms XRP/XLM's role in cross-border payments, emphasizing blockchain's efficiency in messaging, clearing, and settlement. - He highlights these assets coexist with government digital currencies, already integrated into enterprise systems via Ripple and Stellar networks. - Casterman's fintech expertise and
Japanese stablecoin issuer JPYC receives a license – Ledger Insights – blockchain for enterprise
Stablecoin issuer JPYC received Japan’s first funds transfer service provider license today, claiming it is the first such license granted to a digital currency issuer. The Nikkei had reported earlier that JPYC was expected to receive approval this month, potentially enabling it to launch a regulated yen stablecoin by October. The development represents a significant
Treasury seeks input on digital asset illicit finance detection methods – Ledger Insights – blockchain for enterprise
The U.S. Department of Treasury is requesting public comment on innovative methods to detect illicit activity involving digital assets, fulfilling a requirement under the GENIUS Act signed into law by President Trump in July. Comments must be submitted by 17 October. A key benefit of blockchains is their inherent traceability, which contrasts with traditional payments
21X appoints Tradevest as market maker for DLT exchange
Frankfurt-based blockchain firm 21X has appointed Tradevest, a provider of digital infrastructure for financial institutions, as the first market maker for its digital asset exchange. 21X is the provider of what it claims to be “Europe’s first” fully regulated distributed ledger technology (DLT)-based trading and settlement system to operate in the EU. The collaboration marks