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Utility Settlement Coin

Bank of England. Credit: Shutterstock
Finance
Utility settlement coin
Secretive Digital Fiat Project Emerges With New Partner as CBDC Chatter Grows
Fnality, a high-profile digital fiat project backed by 14 big-name financial institutions, is teaming with the ConsenSys-backed Adhara.
Bank of England. Credit: Shutterstock
By Ian Allison
Feb 24, 2020 at 10:00 p.m. UTC
Feb 24, 2020
Utility Settlement Coincentral bank digital currencyUSCFnality
Credit: Shutterstock
Markets
Banking
Top Banks 'Investing $50 Million' to Build Blockchain Settlement System
Around a dozen banks are said to be spending $50 million to build a blockchain-based digital cash settlement system, according to Reuters.
Credit: Shutterstock
By Yogita Khatri
May 17, 2019 at 9:00 a.m. UTC
May 17, 2019
BankingNewscapital marketsClearmaticsUtility Settlement CoinSettlementbusiness news
R3 Rutter crop
Markets
News
R3 Rebuffed In Attempted Bid for Settlement Coin Blockchain Project
Blockchain tech provider R3 tried to take over one of the most well-known bank blockchain projects this June. The only problem? It didn't work.
R3 Rutter crop
By Ian Allison
Sep 5, 2018 at 8:00 a.m. UTC
Sep 5, 2018
NewsR3ClearmaticsUtility Settlement CoinUSCR3 CordaFeaturesbusiness news
Screen Shot 2017-09-01 at 3.51.15 PM
Markets
Payments
Is Blockchain Ready for Fiat? Why Banks See Big Promise in Crypto Cash
Both new and founding members of the Utility Settlement Coin project think its work could lead central banks to adopt blockchain-based fiat currency.
Screen Shot 2017-09-01 at 3.51.15 PM
By Michael del Castillo
Sep 6, 2017 at 10:00 a.m. UTC
Sep 6, 2017
paymentsBarclaysBankingHSBCCredit SuisseCentral BankingState StreetClearmaticsUtility Settlement CoinUSCFeaturesuse-cases-verticalsbusiness news
finish, race
Markets
Ubs
Barclays, HSBC Join Settlement Coin as Bank Blockchain Test Enters New Phase
Utility Settlement Coin is moving into its third phase – building a kind of blockchain-based fiat testnet – with six new partners.
finish, race
By Michael del Castillo
Aug 30, 2017 at 10:59 p.m. UTC
Aug 30, 2017
UBSHSBCNewsCentral Bankingcentral banksDistributed Ledger TechnologyUtility Settlement CoinUSCfiatbusiness newsTechnology News
copper coils
Markets
Banking
Utility Settlement Coin Creator to Open-Source Modular Blockchain Software
The secretive firm behind the Utility Settlement Coin project has told CoinDesk of plans to roll-out new open-source offerings.
copper coils
By Michael del Castillo
Jul 21, 2017 at 1:00 p.m. UTC
Jul 21, 2017
BankingClearmaticsUtility Settlement CoinFeatures
Screen Shot 2016-08-26 at 8.23.46 AM
Markets
Startups
Why ICAP Believes Central Banks Could Adopt Digital Currency
ICAP is working to show central banks how they may be able to one day adopt a market infrastructure based on distributed ledger tech.
Screen Shot 2016-08-26 at 8.23.46 AM
By Michael del Castillo
Aug 26, 2016 at 12:16 p.m. UTC
Aug 26, 2016
startupsBankingNewsFinanceICAPUtility Settlement CoinCompanies