HSBC And Wells Fargo Use Blockchain To Settle Forex Trades
HSBC And Wells Fargo Use Blockchain To Settle Forex Trades
LONDON, Dec 13 (Reuters) - HSBC and Wells Fargo have begun using a blockchain platform to settle bilateral foreign currency (FX) trades in the latest sign of how technology which underpins crypto assets is spreading to more mainstream activities.
Baton Systems, the company behind the Core-FX distributed ledger technology, or DLT, said on Monday the two banks are using the platform to settle FX trades using real currencies and real accounts, in less than three minutes.
It avoids passing the trades through CLS, a third-party bank widely used in the sector for settling FX trades, Baton said, adding that such rapid settlement directly between the two banks cuts exposure and settlement risks.
Last month SIX Swiss Exchange's new blockchain based digital trading and settlement arm issued and its first bond. Speedier settlement means tying up costly capital and liquidity for a shorter period to insure against a trade going wrong.
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Iraqi Dinar Strengthens Against Us Dollar Following Prime Minister's Us Visit
Ahmed Mohammed At a Glance
The Iraqi dinar has strengthened against the US dollar, with 100 US dollars trading at 157,000 dinars.
Iraqi Prime Minister Ali Faleh Al-Zaidi met with US financial institutions, banks, and President Donald Trump in New York and Washington.
Good Morning Dinar Recaps,
IRAN RESET WATCH: U.S. REJECTS 7-DAY HORMUZ PLAN AS OIL AND GLOBAL MARKETS REMAIN ON EDGE
The reported U.S. rejection of Iran’s seven-day proposal keeps the Strait of Hormuz at the center of global energy, trade and financial-market uncertainty.
KTFA
Friday Night Video
FRANK26…8-25-26….Z PUBLIC ANNOUNCEMENT
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
Bypassing the Fed? Gold-Backed Cash, Trump’s Money Plans & Old Glory Pay Explained
Jon Dowling and Chris Real World: 9-25-2026
In a compelling conversation with Jon Dowling, Mike Ring, co‑CEO of Old Glory Bank, pulled back the curtain on how the nation’s central bank, the Federal Reserve, shapes the everyday reality for smaller, values‑driven financial institutions.
From the Fed’s entrenched influence to the bold integration of blockchain technology, Ring’s insights paint a vivid picture of an industry at a crossroads—one where constitutional freedoms, customer protection, and innovative digital assets intersect.
Bond Market Collapse, Debt Trap, Dollar Crisis, Massive Economic Crash Incoming
Lena Petrova: 9-25-2026
In a recent and deeply insightful discussion hosted by Lena Petrova, renowned economist Peter Schiff provided a comprehensive overview of the looming financial hurdles facing the global economy today.
The conversation shed light on critical issues such as a predicted bond market correction, soaring national debt servicing costs, potential currency shifts, and persistent inflationary pressures that continue to be influenced by global energy dynamics.
Bruce’s Big Call Dinar Intel Thursday Night 9-25-26
Transcribed By WiserNow Emailed To Recaps (INTEL ONLY)
Welcome, everybody, to the big call tonight. It is Thursday, September 24. You're listening to the big call. Thanks for tuning in, everybody. We're looking forward to having a really good call tonight. I'm excited. I hope you get excited,
Now let's get into the Intel segment and see where we stand today. Today is Thursday, the 24th of September. We have basically six days left in the month. It takes us through Next Wednesday, we have heard that we are on track for us to receive our notifications, and it looks like this.
Good Afternoon Dinar Recaps,
DIGITAL DOLLAR RESET WATCH: FED PROPOSES NEW STABLECOIN RULES UNDER GENIUS ACT
The Federal Reserve is moving to establish the regulatory framework for payment stablecoins, bringing digital dollar infrastructure closer to the regulated banking system.
How Did Swift Become A Bargaining Chip In Washington's Hands?
Information/Baghdad... Expert and strategic analyst Qasim Qasir confirmed on Thursday that the US administration continues its policy of economic blackmail and systematic financial piracy against countries and peoples who reject its policies of hegemony and arrogance. He pointed out that Washington has transformed the global financial system, the SWIFT system, and the dollar into tools of war and pressure to punish anyone who opposes its dictates and dubious agendas.
Ariel: Do you Know What was Just Announced?
9-25-2026
Do You Know What Was Just Announced?
Translation: This is Iraq’s official invite to American banks to plug directly into its financial system, which ends the isolation that kept the dinar suppressed and unlocks foreign capital inflows that can only settle at a market-reflective rate.
Friday Coffee with MarkZ. 09/25/2026
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
MZ: The Un meetings and Zaidi being in the US is bringing us a lot of news.
GP Q: Currency Watch as of 24th September 2026
9-24-2026
Currency Watch — 24 September 2026
Facts only.
Settlement rails ≠ a revaluation.
Europe — Pontes is live
On 21 September the Eurosystem switched on Pontes:
wholesale trades in tokenised assets can now settle in central-bank money, not just bank deposits or stablecoins.
Emailed to Recaps~Thank you David
Reset Intelligence: Iraq Invites America's Banks.
By Reset Intelligence | @EXIT_FIAT
Iraq's Prime Minister told a table of American banks why Iraq's banks have been weak: too little connection to the world's banks, American banks above all. Then he asked them in.
The same day, the US handed Iraq its diplomatic post at Baghdad's airport. Soldiers out, bankers invited.
Good Morning Dinar Recaps,
IRAN RESET WATCH: TEHRAN OFFERS 7-DAY PATH TO REOPEN HORMUZ AND RESTART PEACE TALKS
Iran’s proposed seven-day roadmap could reopen the Strait of Hormuz and restart broader negotiations, creating a potential pathway toward lower energy and trade pressures across the global economy.
Who Decides What Gold Is Worth? How Gold Prices Are Determined
Catherine Brock Yahoo Personal Finance
The price of gold can be quoted in multiple forms because the precious metal is traded in different ways. The two main gold prices that investors should know about are spot prices and gold futures prices.
The Spot Price
The spot price of gold is the current market price per ounce for physical gold as a raw material, sometimes called spot gold. Gold ETFs that are backed by physical gold assets generally track the gold spot price.
Rob Cunningham: The Truth Protocol Wins
9-23-2026
THE TRUTH PROTOCOL WINS
When global leaders adopt absolute, exacting, neutral and non-negotiable standards of truth, the world does not need one blockchain, one currency, one corporation or one nation to control the future.
The STANDARD wins – not any one protocol or blockchain.
KTFA
Thursday Night Video
FRANK26….9-24-26…..LET’S GET IT ON
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
Good Afternoon Dinar Recaps,
GLOBAL BOND RESET WATCH: U.S. 30-YEAR YIELD HITS 22-YEAR HIGH AS GLOBAL DEBT MARKETS COME UNDER PRESSURE
Rising long-term borrowing costs in the United States and other major economies are putting renewed pressure on government debt, inflation expectations and the financial system built around global bonds.
House Passes Common Cents Bill
Lynne Marek Lead Editor Published Sept. 16, 2026 Dive Brief
The bill officially ends minting of pennies and allows merchants to round to the nearest nickel, though the coins are already out of production.
The penny, which has been in circulation since 1793, will officially be discontinued for general circulation under the proposed Common Cents Act.
Penny’s End Poses Rounding Challenge
Published July 16, 2026 Justin Bachman Senior Reporter
Merchants press for passage of a bill to enact rounding standards as cash-handling businesses grapple with the cent’s gradual demise. Businesses would gain new guidelines for rounding transactions if the government gradually phases out the U.S. penny under legislation Congress is considering.
The Common Cents Act, which passed the House of Representatives on Tuesday, enacts formal guidelines for businesses to round tabs to the nearest 5 cents as the U.S. gradually retires the penny.
MilitiaMan & Crew: The Truth About the Port of Fall & UN Speech: Iraqi Dinar Update
9-25-2026
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
No drama. No intrigue. No songs and dances. Just straight, factual news that I read and interpret to the best of my ability after being an avid Dinar investor and insanely obsessed Dinarian for over 15 years.
Follow MM on X == https://x.com/Slashn