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Indian IT Giant Tech Mahindra To Launch Stablecoin Tool For Banks

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Coinness reporter

Wed, 07 Apr 2021, 03:28 am UTC

Indian multinational technology firm Tech Mahindra is developing a new stablecoin service targeting banks and financial institutions.

The tech giant announced that it has entered into an agreement with Dutch blockchain application incubator Quantoz to launch a “stablecoin-as-a-service” tool to reduce transaction costs and processing times.

Coinness

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