BCB Group, which provides payments services in Europe to institutional players such as Bitstamp, Coinbase, Galaxy and Kraken, is launching an instant settlement network for cash and crypto.
Announced Monday, the BCB Liquidity Interchange Network Consortium (BLINC) is a real-time gross settlement system that aims to do for euros, British pounds and Swiss francs what the likes of the Silvergate Exchange Network (SEN) does in the U.S. for big crypto clients transacting in U.S. dollars.
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https://www.coindesk.com/bitstamp-backs-bcbs-swift-alternative-for-instant-cash-crypto-settlements