Wednesday Sep 25, 2024

29 - Swiss Banks Explore Digital Franc As Global CBDC Sentiment Wavers

Leading Swiss banks initiate a blockchain-based digital franc project, while a Deutsche Bank survey reveals consumer hesitancy towards CBDCs. Meanwhile, Mizuho Bank, JP Morgan, and Societe Generale make strides in blockchain applications for carbon credits, commercial paper, and stablecoins respectively.

Sources:
https://topnews.in/postfinance-ubs-and-sygnum-exploring-digital-swiss-franc-options-2415145
https://igaming.org/crypto/deutsche-bank-survey-finds-cash-still-favored-over-cbdcs-by-consumers/
https://ledgerinsights.com/mizuho-bank-fujitsu-collaborate-to-use-dlt-for-carbon-credits/
https://www.coindesk.com/business/2024/09/23/jp-morgans-onyx-blockchain-used-for-siemens-digital-commercial-paper-settlement/
https://www.santander.com/en/press-room/press-releases/2024/09/santander-announces-its-participation-in-project-agora
https://thetokenizer.io/2024/09/23/societe-generale-forge-integrates-eur-coinvertible-eurcv-stablecoin-on-solana-blockchain/

Outline:
(00:00:00) Introduction
(00:00:32) PostFinance, UBS, and Sygnum Exploring Digital Swiss Franc Options
(00:02:13) Deutsche Bank Surveys Highlight Consumer Preference for Cash Over CBDCs
(00:04:27) Mizuho Bank and Fujitsu Collaborate Using DLT for Carbon Credits
(00:07:56) JP Morgan's Blockchain Initiatives Highlight Institutional Embrace of Digital Assets
(00:09:53) Santander Announces Its Participation in Project Agorá
(00:12:05) Societe Generale-FORGE Integrates EUR CoinVertible Stablecoin on Solana Blockchain

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