European Banks Receive Instant Payments Plan to Stave Off Libra Takeover

Facebook Project Libra on a Board with details about what it does

Finance industry officials have hinted toward the development of a real-time payments system with instant settlement to be used by banks across the Eurozone. Traditional financial systems have come under pressure from cryptocurrencies and, more recently, Facebook’s new digital currency, as reported by Reuters, June 26, 2019. Battle for Supremacy Instantly settled payments have existed

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