Clearmatics teamed up with UBS to develop a ‘settlement utility coin’. Last week UBS emerged from the bushes with news that a technology tie-up with decentralised clearing specialists Clearmatics has given birth to a "utility settlement coin".
Details about the settlement coin are somewhat scarce at this point, but it is not to be confused with the likes of Citicoin, which was in fact a codename for Citi’s internal blockchain testing activities.
Robert Sams, chief executive […]
