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Universal Digital Payments Network launched at Davos.
UDPN has been in development for the last two years with contributions from GFT, Red Date Technology, TOKO, and DLA Piper.
UDPN has been in development for the last two years with contributions from GFT, Red Date Technology, TOKO, and DLA Piper.
A sandbox was launched in July of 2022, where multiple banks were actively testing stablecoin transfer and FX transactions.
The network was launched at Davos with a panel discussing the rapidly evolving digital currency, interoperability, and infrastructure.
The panel included representatives from $Deutsche Bank (DB.US)$ , HSBC, Standard Chartered, $BANK OF E ASIA (00023.HK)$ , and Akbank.
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