The BDA network has added support for five APAC currencies, allowing institutions and multinational corporations to move money and execute onchain FX between the new additions and existing rails
The integration extends Trever’s connectivity, bringing a prime brokerage relationship into the existing workflows institutional teams use across their digital asset operations
The request for comment aims to assist the agencies in evaluating whether greater coordination or alignment in portfolio margining requirements may improve risk management
Institutions in Brazil will gain a dedicated cross-border liquidity solution, designed to reduce constraints on the movement and settlement of funds internationally compared to TradFi banking systems
The partnership will examine the potential use of USD CoinVertible, a stablecoin issued by SG-FORGE, to settle tokenised US dollar-denominated Negotiable European Commercial Paper