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HSBC Targets China Trade With Yuan-Demoninated Blockchain Letter of Credit

HSBC has carried out the first blockchain-based letter of credit transaction denominated in Chinese yuan.

By Daniel Palmer
Updated Sep 13, 2021, 11:24 a.m. Published Sep 3, 2019, 8:12 a.m.
(Christian Mueller/Shutterstock)
(Christian Mueller/Shutterstock)