Wells Fargo’s Stablecoin ‘Faster, Cheaper’ Than SWIFT, Says Exec
Wells Fargo’s Blockchain System: Faster and More Efficient Than SWIFT The US banking sector received news from Wells Fargo Bank about its internal cross-border money transfer blockchain system that outperforms SWIFT and its traditional global messaging systems. Why is blockchain technology being used? SWIFT is currently used by more than 11,000 financial institutions, but Wells … Read more