Trust Money Markets

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It would be convertible at parity and backed by cash assets held at a central bank. The result should be faster decisions, more efficient processes, and the potential for a more informed credit-allocation process. The hopes of the two crypto-offering App-banks is that they can fill small niches for people with this new technology, and for Boden, the view is that traditional banks will face stiff competition in these small niches of finance services. Overview International Development.