SWIFT

The five most interesting news from the period of September 29 to October 5, according to editors of Coinidol.com.

The project enables financial institutions to manage tokenized fund subscriptions and redemptions directly from their existing systems. The latest crypto news by Coinidol.com.

Coinidol.com: A major announcement from a the global financial network, SWIFT.

A new decentralised finance project, Bitcoin Swift (BTC3), has announced an accelerated timeline for its official launch, due to overwhelming demand during the pre-sale phase.

YellowMoon came up with its conspicuous system of a highly secure, swift, and anonymous crypto exchange amidst the developing digital ecosystem across cryptocurrency and blockchain.

Despite the recent downtrend of Ripple, the crypto has almost recovered from the sudden downturn. On May 2, XRP had earlier plunged from the high of $0.325 to $0.24 low.

As the world becomes increasingly digital, the financial institutions we are used to having to adjust and turn to innovations. While some of them are exploring the possibility of developing and launching their own digital currency, others are looking to take advantage of the existing technologies such as stablecoins.

Visa has announced that it is entering a $125 trillion market using blockchain to carry out these particular payments in the fastest, most economical and most transparent way ever. The blockchain and cryptocurrency industry is among the most lucrative businesses in the world, and this is the reason why popular companies, institutions or people with a big impact on the world’s economy are not hesitating to take advantage of any opportunity available.

As the crypto market lives through a bloody bearish movement, which has been continuing for approximately 12 months, the number of fintech enthusiasts has significantly decreased. While the top cryptos, including Bitcoin, Ripple, and Ethereum are 80% down from all-time highs, leading blockchain experts noted that it might not be the prime time for the technology.