Ilona Ivac
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Bitcoin and Solana enter banks: Revolution or mere test?
In recent months, several renowned financial institutions have taken a significant step by integrating cryptocurrencies such as Bitcoin and Solana into their operations. This evolution marks a major turning point in the adoption of blockchain technologies by the traditional banking sector.
Solana attracts major banks and institutions
The Solana blockchain is drawing increasing attention from financial institutions due to its ability to process up to 65,000 transactions per second with minimal fees. Recently, giants such as HSBC, Bank of America, Euroclear, and the Monetary Authority of Singapore announced their collaboration with the Solana Foundation via the R3 technology consortium. This alliance aims to tokenize financial assets such as stocks and bonds, thereby facilitating faster and cheaper settlements.
Solana attracts major banks and institutions
The Solana blockchain is drawing increasing attention from financial institutions due to its ability to process up to 65,000 transactions per second with minimal fees. Recently, giants such as HSBC, Bank of America, Euroclear, and the Monetary Authority of Singapore announced their collaboration with the Solana Foundation via the R3 technology consortium. This alliance aims to tokenize financial assets such as stocks and bonds, thereby facilitating faster and cheaper settlements.
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