27th September 2023 Digital Bytes

Cross-chain stablecoin payments - cross-chain technology is reshaping the blockchain landscape by enabling seamless cross-blockchain stablecoin payments, eliminating the need for intermediaries and opening the door to innovative financial solutions. This development addresses challenges such as scalability and interoperability, so enhancing the usability of blockchain networks. Moreover, stablecoins are playing a pivotal role in this transformation, offering a reliable and efficient means of value transfer across diverse blockchains. As blockchain ecosystems evolve, we may even witness non-financial corporations issuing their own stablecoins, ushering-in a new era of financial innovation and autonomy.

Digital asset custody - the surge in interest in digital assets highlights the need for secure custody. Digital asset custody involves storing and safeguarding assets using third-party custodians. The benefits include reduced risk, insurance coverage and regulatory compliance and the chal…