Wells Fargo, HSBC Expand DLT Solution to Include Offshore Yuan
Wells Fargo & Company (NYSE: WFC) and HSBC Bank plc announced that the blockchain-based solution they are using for bilateral FX settlements is “expanding to include the offshore yuan (CNH).” The offshore yuan “marks the fifth currency to be settled between the two banks using… Read More
Read more in: Fintech, Asia, Blockchain & Digital Assets, Global | Tagged distributed ledger technology, dlt, foreign exchange, fx, hsbc, hsbc bank, mark williamson, united states, us, wells fargo, wells fargo & company
