Report: State Street Considering Several Blockchain-Based Projects

State Street is reportedly looking at a number of options for settling payments on blockchain.The financial services and banking firm is considering creating its own stablecoin, creating its own deposit token, joining digital-cash consortium efforts, and developing settlement options through blockchain payment startup Fnality, in which it has an investment, Bloomberg reported Wednesday (July 17), citing an unnamed source.State Street did not immediately reply to PYMNTS’ request for comment.With these effort ...