Citi Token Services strives to address the needs of institutional clients who frequently require continuous access to programmable financial services.
Mastercard announced the CBDC Partner Program with seven distinguished providers of blockchain and payment technology, like Ripple and ConsenSys.
Milano Hub, the bank's innovation hub, and Polygon Labs will work together to launch the "Institutional DeFi for Security Token" ecosystem.
Rather than being classified as a payment solution, the company refers to this service as a "merchant collection solution".
In contrast to a basic experiment, this project aims to generate real currency that is equivalent to bank reserves.
The addition of HSBC enables customers to trade exchange-traded funds (ETFs) associated with Bitcoin and Ethereum.
