State Street Explores Blockchain for Payment Settlements and Eyes Stablecoin Development"

"State Street, a prominent global asset management firm, is delving into blockchain technology for enhancing payment settlements. Additionally, the bank is considering the creation of its own stablecoin and exploring deposit tokens to represent customer deposits on the blockchain. This move signifies State Street’s proactive approach towards leveraging blockchain innovation in financial services."

#StateStreet #Blockchain #Stablecoin #FinancialServices #Fintech #CryptoNews #AssetManagement