Odaily Planet Daily reports that Barclays has sent inquiries to some potential technology vendors to evaluate how to build a blockchain platform for banking services such as payments. Its application areas may include stablecoins and tokenized deposits, with the goal of selecting vendors as early as April.
The use of stablecoins in payments is expanding. Bloomberg Intelligence estimates that by 2030, the annual transaction volume of stablecoin payments could exceed $50 trillion. Previously, Meta was also testing integrating stablecoin payments into its applications. Several banks are already developing blockchain systems; JPMorgan has launched its deposit token, JPM Coin, for institutional clients to use for payments. HSBC plans to expand its tokenized deposit services to corporate clients in the US and UAE in the first half of this year.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
a16z: The true meaning of strong chain quality is that block space should not be monopolized.
> Original Title: Beyond a core blockchain property: "Strong Chain Quality"
> Original Authors: ittaia, PGarimidi, jneu_net, a16z
> Original Compilation: AididiaoJP, Foresight News
Chain Quality (Chain Quality,
BlockBeatNews40m ago
Intercontinental Exchange invests an additional $600 million into Polymarket, bringing its total investment to $1.64 billion
Intercontinental Exchange adds $600 million investment to Polymarket, bringing the total to $1.64 billion. Trump emphasizes the importance of Bitcoin, while Yilihua states the cryptocurrency market has performed poorly for four years. The U.S. plans to release a draft of stablecoin yield provisions, and Ripple's CEO says the CLARITY Act may be delayed until May. California bans public officials from trading on insider information. The crypto industry enters the "Shirt Era," with blockchain and AI integration driving development. Lido proposes to buy back LDO tokens, and Ripple and Stellar founders jointly invest $1 billion in AGI research.
GateNews1h ago
Ripple CEO: Has invested about $4 billion into the crypto ecosystem; the CLARITY Act may be delayed until May
Ripple CEO Brad Garlinghouse stated that the company expects record performance in the first quarter, primarily driven by mergers and acquisitions. He revealed that approximately $4 billion has been invested in the crypto ecosystem and called for an acceleration of the U.S. digital asset legislative process to avoid excessive political influence on industry development.
GateNews3h ago
a16z Partner: The cryptocurrency industry is entering a mature phase, and the combination of AI and blockchain will drive agency business.
a16z crypto partner Guy Wuollet stated that the cryptocurrency industry is entering the "collared shirt" era, gradually maturing and moving towards the mainstream. Traditional financial institutions are offering Bitcoin through ETFs, and the combination of blockchain and AI will drive the development of agency commerce, with the first agency payments being realized online.
GateNews12h ago
The Definitive Stablecoin Landscape Series: North America
Stablecoins are undergoing an evolution into a foundational financial infrastructure. North America leads in development, focusing on regulated, compliant options. The market shows a shift with RLUSD gaining traction due to integration with Ripple, emphasizing real demand over exchange liquidity.
CoinDesk12h ago
ICE Commits $600M More to Polymarket as Institutional Interest in Prediction Markets Grows
ICE's increased investment in Polymarket signals strong institutional confidence in prediction markets, despite regulatory scrutiny. The $600 million funding adds to ICE's previous commitments, indicating a belief in the sector’s long-term potential amidst rising market activity and the need for oversight.
LiveBTCNews12h ago
