Uber Tests Blockchain System to Earn Weekend Returns on Idle Corporate Cash

HSBC’s head of funds, Manish Kohli, stated different US shoppers are already utilizing the aptitude. Fireblocks CEO Michael Shaulov expects a whole lot of firms to undertake related options throughout the subsequent 18 months.

Uber’s Digital Finance Plans Broaden

Uber CEO Dara Khosrowshahi mentioned stablecoins final 12 months as a doable strategy to scale back worldwide cost prices. Nevertheless, the corporate was nonetheless exploring sensible functions on the time.

In the meantime, HSBC launched its Hong Kong dollar-backed RedCoin for PayMe customers on October 23. Franklin Templeton additionally launched two Nasdaq-listed ETFs combining US equities with Bitcoin publicity on October 29.

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