The Evolution of Payments: Non-Banks and Corporate Treasury
From Treasury Masterminds In recent years, a notable shift has occurred in the payments landscape, where traditional financial institutions (FIs) are no longer the exclusive gatekeepers of financial transactions. Increasingly, companies outside the traditional banking sector, including tech giants like ByteDance (parent company of TikTok) and Huawei, are obtaining licenses to operate payment services. This…
Franklin
The Dream and Dilemma of Multi-National Digital Currencies: Promise or Pipe Dream?
This article is a contribution from our content partner, Deaglo What Is an MNDC? A multi-national digital currency (MNDC)—a shared digital medium of exchange issued and accepted by multiple countries—carries both significant potential and complex challenges. The Case For MNDCs: Efficiency, Inclusion, and De-Dollarization The main benefit of an MNDC is reduced transaction costs and…