MXNT tokens will initially support Ethereum, Tron, and Polygon. MXNT will join three other fiat-currency pegged tokens Tether has in the market: the US dollar-pegged USDT, the Euro-pegged EURT, and the offshore Chinese Yuan-pegged CNHT.
JPMorgan has launched a blockchain network, Liink, that allows institutions to exchange payment-related information and a token, JPM Coin, that enables clients to transfer their dollar deposits despite its CEO’s high-pitched skepticism of cryptocurrencies.
Old Fashion Research (OFR), founded in late 202, will focus on bringing greater crypto adoption to growing markets like Latin America and Africa.
Dubai took a step ahead in its dealing with digital assets in March when the city introduced a virtual assets law and regulatory authority to establish the emirate’s position as a key player in designing the future of virtual assets.
