Ethereum Blockchain Used by NAB for Cross-Border Stablecoin Transaction

National Australia Bank (NAB) has completed an intra-bank cross-border transaction using NAB-issued stablecoin, which represents a “world-first” by a major financial institution on a layer-one public blockchain. This pilot transaction on the public and permissionless Ethereum blockchain “involved deployment of stablecoin smart contracts for seven… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged australia, blockfold, Cross-Border Transactions, digital transactions, distributed ledger technology, dlt, ethereum, financial institutions, Fireblocks, francois schonken, intra-bank cross-border transaction, Michael Shaulov, NAB, national australia bank, permissionless blockchains, public blockchains, smart contract, smart contracts, stablecoin, stablecoins