This PROVES Hedera HBAR Will Change Finance FOREVER #Finance

well it is very clear at this point that hyera has now infiltrated the Central Banking market and is becoming a significant piece of the overall infrastructure and in this CashNews.co I am going to be outlining this welcome to the channel everyone my name is Nick for those are new to the

channel hopefully by the end of this CashNews.co you do become a subscriber recently I talked about the connections back to the FED with fed now a lot of the Integrations that are already in place and in this CashNews.co I really want to talk about just how significant hadera is becoming around

Central Banking and the overall modernization of cash now let’s dive on in to this post here from mtech which we have a new POC report from udn official focuses on integrating the hyera software development kit and mtech cbdc sandbox two leading digital currency Frameworks within the udn

infrastructure the primary goal was to validate the functionality of the udn network enabling transfers and swaps of St coins and cbdcs on the hadera testet conclusion with the hadera network via hadera SDK and the other supporting mtech cbdcs via their digital cash platform the transaction

confirmations were noticeably faster than on other networks again highlighting the fact that hadera truly is you know in its own stage right like every single Network in the space every single other project in the space is not even close to where is right now um in terms of the overall Network

growth the expansions happening what hidea is actually doing the connections that it has it’s crazy it really is a crazy project that a lot of people just continue to overlook and I do think that there’s going to be a lot of people that regret overlooking hadera um and harar so if we go

over here we have the official announcement and I’m going to open this up and read it we’re excited to announce that udn official the most advanced in able Global Payments Network for regulated digital currencies specifically regulated digital currencies has integrated the hadera

network to ease the development of programmable payment applications leveraging stable coins and cbdcs and we have down here that the universal digital payments network udn is a messaging backbone focus on interoperability between the fast growing number of regulated stable coins and cbcs to enable

seamless connectivity between any business it system and regulated digital currencies as part of this PC two additional transaction noes were integrated into the udn one supporting stable coins issued with the stable coin Studio on hia which is a big piece of hyera by the way connecting directly to

the network via Hader SDK and other supporting mte cdc’s via their digital cache platform testing the udn core services including creating a decentralized identity mapping this did to a hadera account and initiating transfers and cross-chain swaps sedera was found to have unmatched

scalability for programmable payments now one thing that I will say right now the did that decentralized identity combined with regulated stable coins regulated digital currencies cbdcs and something like this inability platform all of this is key pieces of the the institutional side of things we

know this because of the xrp Ledger and what Ripple has been pushing around institutional Defi and institutional tokenization uh use cases did big piece of this but the fact that we have inability into this with the did with the stable coin studio all of these key pieces guys now is the time to be

focused on hia if you are not focused on hia you are missing out on such a big piece of the entire you know digital currency Revolution because hyera now has infiltrated the Central Banking sector in such a large way and I knew that this was going to happen from you know the early signs around

hyera and mtech back in 2021 and now seeing it in you know in effect it it’s just crazy to me but we have down here that the successful execution of this POC laid the groundwork for the HB Foundation to explore further collaboration opportunities with the udn such as supporting hadera digital

currencies when the network launches and leveraging hadera Technologies to validate udn transactions in preparation for its full uh deployment udn participants will continue exploring synergies with the HB Foundation such as integ upgrading hadera Technologies with the udn all-in-one digital

currency sandbox and other udn Solutions now I’m going to get to that here in a second but I actually want to open up this document and really kind of look into a few things so number one right when we look at this okay they’re talking about stable coins and cbdcs and how they’re

transforming digital payments offering 24/7 transactions for businesses however scalability issues on layer one blockchains may hinder widespread adoption high performance networks like hadera aim to solve these challenges with more efficient transaction processing the udn builders and the HRA

Foundation are working towards enabling real world digital currency use cases meanwhile central banks are rapidly developing cbdcs with 135 countries exploring them three having launched and 35 in Pilot stage as of March of 2024 and if we actually look down here we could see the connections here so

they are going to connect the stable coin studio and the cbdc sandbox from mtech um but also we have down here a a few quotes So number one this is from the h Foundation as payments increasingly migrate on chain through the adoption of stable coins and cbdcs the need for hadera Native

Assets to support emerging cross chain payment rails has become clear we chose to work with udn a trail uh Trailblazer in the field and see this POC as a first step towards connecting hadera with the greater digital currency ecosystem this PC highlights the modularity of the udn

architecture which allows us to integrate with virtually any digital currency system via a transaction node this simplifies the adoption of digital currencies in a wide range of applications and reduces integration cost for financial institutions we are thankful for the support of the H Foundation

during this POC and look forward to continuing our collaboration and uh we also have um powering the feature of digital payments down here so this is what I was talking about focus on institutions Enterprises the UDP and the world’s leading Global Payments messaging Network supporting

regulated stable coins and Central Bank digital currencies facilitates seamless inability among Banks businesses and regulated digital currency systems worldwide this decentralized infrastructure not only boosts global payment efficiency and financial inclusion but also enables the deployment and

execution of thirdparty smart contracts for a variety of value added financial and payment related services and this is all for those big players and for an example right Hader is now tapped in with this all-in-one digital currency sandbox well guess what they already had a successful proof of

concept conducted by Standard Chartered uh Banks SC Ventures and deutche Bank showcasing real-time digital transactions between usdc and your stable coins in October of 2023 so this is a massive move for hadera and even over here when you look at the PDF file you can see how this will all work you

have those cbdcs you have the stable coin public chains all going through the universal digital payments Network where hadera will be tapped in and by the way do you guys see on the bottom there let me zoom in just so that you guys can see this settlement token system between Banks M cbdc Bridge

finality Global Payments JPM coin for an example anything will be going through this we’re talking about banking tokens we’re talking about um Reserve tokens anything that you can think of tokenize currencies tokenize things of value tokenize Securities anything will be

able to settle through this and now Hader is tapped in as a settlement Network essentially um one that can actually scale for these types of use cases this is a huge step and also when we go over here to the udn website we can see some of products down here for example the all-in-one digital

currency sandbox which you could read more about if you guys did want to these are the add-ons down here it’s going to load up a little bit um I know that their website is a little slow but regardless we have here the default and then we have the option over here again when we when we really

look at this this is what I meant by anything anything of value any Services everything can be tapped in here we’re talking about web 3 use cases we’re talking about tokenized deposit systems central banks cbdc systems um cbdc participation then on you know the left side you can see

this kind of broken down a little bit more where you have the digital asset tokenization system deposit token system purpose bound money system digital currency offline payment solution gateway to public stable coins everything this is huge for hyera and talking more so about tokenization yes udn

also offers tokenized deposit in St coin Management systems and digital asset tokenization itself you can read more about this if you guys did want to as well here we have the standard supported add-ons as well the architecture for this um this is a very very big move now also I want to really kind

of go over here to September right because this is September 3rd we are in September this is from the udn they’re expanding reach with the Australian digital dollar integration and you know what’s crazy about this September 12th with the HB Foundation the Australian digital dollar to

launch on hadera network following a strategic partnership with the HB Foundation now you’re kind of seeing all this connected back to one another and how all this can really kind of work together now also I want to build upon mtech because recently we saw mtech get that major announcement

around as centure investing into m Tech why am I bringing this back up well the entire investment was with a centur ventures which will support mtech in its efforts to transform Central bank’s financial and Technology infrastructure and make it easier for central banks to regulate and

supervise fex in an increasingly digital economy and when we think about this right here we have a centur website building the next generation of banking technology has changed the way people and businesses bank and traditional strategies no longer work now is the time for bold new approaches to

intensifying disruption and here we have banking now 59% of customers uh recently chose a financial product from a provider other than the main bank 89 billion of Revenues at risk between now and 2025 if card issuing banks are slow to invest in nextg payment options 73% a share um

oh or sorry 73% the share of US Banks working hours which could be impacted by Technologies like generative Ai and then also 8.1% the average premium that commercial payments clients would be willing to pay their provider for value added Serv services and here we have how to reinvent banking

deliver Next Generation automated data powering lending reduce risk and drive bus businesses or business value with modern cloud enabled core prioritize digital payment experience to prevent dis intermediation foresee risk and enhanced regulatory efficiency with AI like they are embracing these

next you know this next generation of technology and I can guarantee you right now that DT blockchain it’s all behind this because it’s all around payments making payments efficient and also when we think about this right here we have modernizing financial

href="https://cashnews.co/markets" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Markets with wholesale Central Bank digital currency by the way this was with you know as Center this was in collaboration with as Center they were talking about cbdcs this with the world

economic Forum I also want to highlight the fact that again this is the essential that invested into mtech because they wanted to support mtech in transforming central banks around their financial and Technology infrastructure now within this we have the first uh part of this which is talking about

98% of the global central banks are now exploring cbdcs to enhance CBM access and modernization 24 Live cbdcs are projected by 2030 and um they’re talking more so about how they’re modernizing real-time growth settlement systems as well and this is all with new technology specifically

you know digital currencies deposit tokens uh Fiat back stable coins and when we think about this and we combine this with what we just read about the udn you can clearly see how hyera is going to change text-decoration: none;">Finance forever we’re we’re starting to see the modernization of our entire Global Financial system now what’s crazy about this is if you look at the contributors to this it is a substantial list um massive central banks the dtcc is on here uh huge

organizations and if we scroll down we can see hadera hashgraph chair and president of hadera hashgraph you could also see a few other names on here like Ripple and Stellar if you scroll down you can see that um I believe it is down here here but regardless you know when we really think about

what’s happening here you know winners are being chosen by the largest organizations in the space and it’s crazy to me that people are still oblivious to what’s happening when it comes to hadera and these are just a few like I could continue on I can mention idemia for an example

uh with their offline wallet around cbdcs I can mention uh the Sweden Ricks bank with hadera as well um I mean there’s so much going on here but you know what’s crazy about all of this with udn supporting cbdcs and stable coins and hadera more recently we just saw a big update from

hashgraph 4 they posted this which is the latest council meeting will for sure intensify rumors about hide’s involvement in a cbdc project a collaborative effort between multiple council member organizations and service providers regarding a cbdc project hadera is demonstrating daily that it

can handle that type of traffic without breaking sweat has positioned itself well over the past years to be uh considered for projects of this magnitude this is the real deal and here we actually have Network utilization cbtc project Simon o shared an update on a collaborative effort between

multiple council member organizations and service providers regarding a cbdc project Simon Champion the joint effort as evidence of a healthy and collaborative hadera ecosystem and again you know if we think about the scale that hia has been offering um and really kind of processing yeah it’s

very clear that when we think about Finance when we think about tokenization you know trillions and trillions of dollars will be tokenized so when you really kind of put that into perspective

247 365 trading yeah a network needs to be able to handle as much scale as possible hyera has you know a mechanism behind it it’s called Shing and that mechanism allows it to achieve you know unlimited scalability so it is a futureproof network for these types of use cases that’s why we

are starting to see hyera being handpicked around a lot of these initiatives yet again so many people avoiding hyera even though now is the time to be focused on it it is so crucial to understand this so with that being said I you guys enjoyed this CashNews.co If you guys did definitely leave a

like subscribe notifications more free content you guys are more than welcome to follow me on Twitter and join the free Discord description below and with that being said guys up been Nick thanks for watching peace out