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GHO Stablecoin Fails to Enforce Dollar Peg Amid Criticism, Receives D Grade From Bluechip

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Despite some improvement in its stability, the stablecoin GHO has still not enforced its intended goal of a $1 peg.

​ Despite some improvement in its stability, the stablecoin GHO has still not enforced its intended goal of a $1 peg. 

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Philippines Plans to Introduce Wholesale CBDC by 2029

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Bangko Sentral ng Pilipinas (BSP) plans to introduce its wholesale central bank digital currency (CBDC) by 2029.

​ Bangko Sentral ng Pilipinas (BSP) plans to introduce its wholesale central bank digital currency (CBDC) by 2029. 

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Study: AI Success in Africa Depends on Availability of Local Language Data and AI Talent

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Despite being framed as a cure-all for many of Africa’s problems, data limitations and other barriers limit AI’s potential on the continent.

​ Despite being framed as a cure-all for many of Africa’s problems, data limitations and other barriers limit AI’s potential on the continent. 

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Fintech Company Tecban Pilots Tokenization Platform for Brazil’s Drex CBDC

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Tecban, a banking interconnection company, launched a tokenization platform called Nexchain as part of the Brazilian CBDC drex pilot.

​ Tecban, a banking interconnection company, launched a tokenization platform called Nexchain as part of the Brazilian CBDC drex pilot. 

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