FedNow Goes Live with Ripple Partner Volante Technologies
The Federal Reserve has launched its real-time gross settlement system, FedNow, with the help of Volante Technologies, a fintech firm that partners with Ripple. The new service aims to modernize the U.S. payment system and enable instant transactions across the country. The Federal Reserve, the central bank of the United States, has officially introduced its […]
Ripple Partner Volante to Take FedNow Global After Regulation
The Federal Reserve of the United States has officially launched the FedNow Service for domestic remittances FEDNOW, the Federal Reserve’s real-time gross settlement system, has been formally launched in the United States and began with only domestic transactions. This achievement represents a substantial improvement to the nation’s payment system. Volante Technologies, a Ripple client and […]
Alibaba Reportedly Integrates Meta’s AI Model Llama
Alibaba’s cloud computing service has reportedly tapped into Meta’s open-source artificial intelligence model Llama for new software development at no cost. Reuters initial report cited an official statement from Alibaba Cloud via WeChat, the cloud computing arm of the Chinese conglomerate has deployed a Llama 2-based solution that enables businesses to develop AI-based software and […]
Binance Offers Zero-Maker Fee Promotion For FDUSD
The First Digital Group’s FDUSD stablecoin is now listed on the Binance exchange with no transaction fees. Last month, First Digital Group, which comprises First Digital Trust, a registered trust company headquartered in Hong Kong, announced its First Digital USD (FDUSD) stablecoin pegged to the US dollar. Binance, the world’s largest cryptocurrency exchange by trading […]
Avalanche Foundation Launches $50M Tokenization Program
The Avalanche Foundation has announced Avalanche Vista, a $50 million program to buy and promote tokenized assets on its blockchain network. The initiative aims to showcase the benefits of tokenization for various sectors and advance on-chain finance. Tokenization is the process of creating a digital representation of a real-world asset on a blockchain network. It […]