Chainlink’s latest stablecoin push targets the capital stuck in bank FX settlement
The framework targets T+0 payment-versus-payment settlement while keeping banks on familiar Swift and ISO 20022 workflows.
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After Japanese Official’s Statement, Besant Steps In: “Merit of Strong Yen” Already Discussed with Japan’s Finance Minister
Besant stated that he had a "productive call" with Japanese Finance Minister Mitsuru Sakazuki on Friday, during which they discussed the desirability of a strong yen that reflects Japan's robust economic fundamentals and emphasized the importance of maintaining close communication regarding the foreign exchange market. Sakazuki earlier revealed that during a meeting this week between Trump and Sanae Takaichi, both mentioned the weakening yen. Takaichi said that the undervaluation of the yen is "problematic." Institutions believe that the risk of intervention may "cap" the yen's decline.
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