FinTech Daily 04/25/2019

• Startup Arca Seeks SEC Approval for US Treasury Bond-Backed Stablecoin

  Arca Investment Management is seeking US SEC approval for a US Treasury securities fund whose shares would be tokenized on the ethereum blockchain.

  tags: Tokenization Fintech CryptoAssets Ethereum

• XRP is the Worst-Performing Major Crypto of 2019

  Ripple’s XRP is having a disastrous start to 2019. In a year when bitcoin is storming back towards bull territory, XRP has crashed 16 percent. The third-largest cryptocurrency is now the worst-performing digital asset in the top ten.

  tags: Ripple Fintech AltCoins CryptoAssets

• TrustToken Announces Four New Stablecoins

  TrustToken will expand into four new fiat-backed stablecoins; TrueAUD, TrueEUR, TrueCAD and TrueHKD (from its TrueUSD and TrueGBP coins).

  tags: AltCoins Stablecoins CryptoAssets Fintech

• Blockchain Payments Firm Bitspark Releases Stablecoin Pegged to Philippine Peso

  Bitspark, a blockchain-based bankless money transfer solution, will launch a Philippine Peso pegged cryptocurrency for money transfers dubbed “peg.PHP.”

  tags: CryptoAssets Fintech Blockchain

• Top 3 Japanese Bank to Roll Out Services on Marco Polo Blockchain

  Sumitomo Mitsui Banking Corporation will launch its R3 Corda-based Marco Polo trade finance platform later this year.

  tags: Blockchain Corda Fintech

Posted from Diigo. The rest of my favorite links are here.