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Showing posts with the label financial innovation

WhiteBIT Institutional Night gathers global finance leaders to discuss the future of stablecoins

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WhiteBIT, one of Europe’s largest cryptocurrency exchanges and the official crypto partner of FC Barcelona, hosted its exclusive Institutional Night on October 15 at the FC Barcelona Museum, bringing together more than 100 executives from the global finance and blockchain sectors. The private event brought together C-level representatives from stablecoin issuers, investment banks, prime brokers, and fintech firms to discuss the accelerating adoption of stablecoins and their role in reshaping cross-border payments and corporate treasury management. An evening at the FC Barcelona museum Guests began the evening with a private tour of the FC Barcelona Museum, exploring the club’s storied legacy through its trophies, memorabilia, and interactive exhibits.  They were later joined by Bojan Krkić, the former FC Barcelona forward and now Football Department Coordinator, who spoke about shared values between sport and business.  Source: WhiteBIT Stablecoins...

BlackRock CEO Larry Fink Says Tokenization Is The ‘Next Wave of Opportunity’

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BlackRock CEO Larry Fink said tokenization will drive the firm’s ”next wave of opportunity,” predicting that traditional assets will increasingly move onto blockchains over the coming decades. S peaking in an interview on CNBC’s Squawk Box, Fin k said institutions are likely to “start moving away from traditional financial assets by repotting them in a digital manner.” “I do believe we’re just at the beginning of the tokenization of all assets, from real estate to equities, to bonds  — across the board,” he said. ” We look at that as the next wave of opportunity for BlackRock over the next tens of years.” CEO of world’s largest asset manager… “We're just at the beginning of the tokenization of all assets.” Yes, includes ETFs. Larry Fink on his positively evolving attitude towards crypto: “I grow & learn.” Good lesson here. And some of you *still* think crypto i...

North Dakota Enters Crypto Frontier With State-Backed Stablecoin

A state-issued stablecoin is now in development in North Dakota. The state-owned Bank of North Dakota (BND) has partnered with payments giant Fiserv to launch Roughrider Coin in 2026. This US dollar-pegged token promises instant, secure transfers for local banks and credit unions, slashing days-long waits to seconds. Fully backed by reserves, the coin will honor Theodore Roosevelt’s legendary Rough Riders cavalry. BND President Don Morgan says the coin is designed to capitalize on recent changes in federal law and secure the “continued health, resilience, and relevancy of the North Dakota financial industry for its citizens.” Governor Kelly Armstrong says the “new financial frontier is here,” with the Bank of North Dakota and Fiserv poised to help North Dakota’s financial institutions embrace new ways of moving money. North Dakota is the second US state to develop a custom stablecoin. Wyoming’s Frontier Token is alread...

Brazil's New Payment System 'Pix' Accelerates De-Dollarization

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Brazil’s new payment system Pix is causing concerns in Washington as it is competing with US credit card companies while modestly advancing the de-dollarization agenda. Pix is run by Brazil’s Central Bank (BCB) and was launched in 2020 in an effort to chip away at the US dollar. The payment system enables users to send and receive transfers in just a few seconds, at any time, including non-business days. Also Read: Dollar Reserves Hit 47% Record Low as China Drives De-Dollarization The de-dollarization move from Brazil through the new payment system remained slow in 2020 but is gaining speed in 2025. According to the latest Pix data from Brazil’s Central Bank, Pix settled more than $450 billion worth of transactions last quarter. Pix “operates outside the dollar ecosystem. It represents the embryo of independent systems,” said Brazilian diplomat Philip Yang. The trade wars kick-started by Trump are making Brazil safeguard its economy. Brazil’s De-Dollarizat...