- The Chinese national blockchain project Blockchain Service Network has launched an initiative aimed at ensuring the compatibility of stablecoins and CBDC.
- The goal is to allow businesses from different countries to "make transactions and settle in different regulated digital currencies."
- Deutsche Bank, Hongkong and Shanghai Banking Corporation (HSBC), Standard Chartered and Bank of East Asia, participated in a panel discussion with Red Date at the UDPN launch event.
#cbdc #bsn #china #stablecoin
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