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M2 invests $20 million in Ethena, aims to boost synthetic dollar adoption in the Middle East

M2 invests $20 million in Ethena, aims to boost synthetic dollar adoption in the Middle East

M2 Capital, the proprietary investment arm of UAE digital asset conglomerate M2 Holdings, has made a $20 million strategic investment in synthetic dollar protocol Ethena's governance token, ENA. The investment comes as part of M2's broader push to serve as a bridge between global digital asset platf…

SCB Launches Innovative Cross-Border Payment System Using Stablecoins

SCB Launches Innovative Cross-Border Payment System Using Stablecoins

SCB launches cross-border payment system using stablecoins in Thailand. The new service promotes efficiency and security in financial transactions. Continue Reading:SCB Launches Innovative Cross-Border Payment System Using Stablecoins The post SCB Launches Innovative Cross-Border Payment System Usin…

Ă–mer Ergin
scb
Thailand Bank SCB Unveils New Stablecoin Remittance Solution

Thailand Bank SCB Unveils New Stablecoin Remittance Solution

Siam Commercial Bank (SCB) has teamed up with SCB 10X to launch the first cross-border payment using stablecoins in Thailand. The new solution, created together with Lightnet, is to provide a simple and fast cross-border payment solution using stablecoins and public blockchain. Thailand Bank SCB Unv…

Kelvin Munene Murithi