Tech Mahindra to Launch 'Stablecoin-as-a-Service' Blockchain Solution
Tech Mahindra to Launch ‘Stablecoin-as-a-Service’ Blockchain Solution Tech Mahindra and Quantoz to launch ‘Stablecoin-As-A-Service’ blockchain solution for global banks and financial institutions. The usage of Stablecoins as a payment mechanism has significant potential to reduce transaction costs and processing time, while providing auditability and enhancing security. This collaboration is in consideration of the OCC (Office of the Comptroller of Currency) announcement allowing federally chartered US banks to use stablecoins for standard banking functions like payments and transacti...
Source: technuter.com