UDPN - FinTecBuzz

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FinTecBuzz

UDPN is launched to support digital payments for CDBC & stablecoins

UDPN is launched to support digital payments for CDBC & stablecoins

January 30, 20235 min

Launched at Davos during the World Economic Forum week, the Universal Digital Payments Network (UDPN) is a DLT-underpinned messaging backbone focused on providing interoperability between the fast-growing number of different regulated stablecoins and CBDCs, and seamless connectivity between any business IT system and regulated digital currencies. At the Davos launch event, representatives from leading global financial institutions Deutsche Bank, HSBC, Standard Chartered, The Bank of East Asia, and Akbank discussed the rapidly evolving world of digital currency, the importance of...

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