According to Bloomberg, Barclays Plc is sending out requests for information to multiple tech vendors to evaluate building a blockchain-based banking platform for processes like payments. This could potentially include applications such as stablecoins and tokenized deposits, with the goal of selecting a partner as early as April. As stablecoins see rapid growth in the payments sector and are projected to surpass $50 trillion in annual transaction volume by 2030, banks are accelerating their adoption of related technologies to protect their core business. Previously, JPMorgan introduced JPM Coin for institutional clients to use in payments, and HSBC also plans to expand its tokenized deposit services to corporate clients in the U.S. and UAE in the first half of this year. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=57329