Tag: Jewel
Jewel Bank, Polygon to launch Bermuda’s first USD-backed stablecoin
Institutions in Bermuda will soon be able to trade real-time settlements using a stablecoin with a 1:1 ratio with the United States dollar, Jewel Bank [...]
Bermuda Digital Bank Jewel Issues ‘Fully-Backed’ Stablecoin
In a press release, Jewel said JUSD will maintain a reserve ratio with a minimum of 1:1 with the US dollar, ensuring the bank will always have funds i [...]
Jewel Bank Approved as Bermuda’s First Digital Asset Bank as Premier Burt Readies to Take Nation Into Stablecoins
Bermuda-based Jewel Bank received its full bank and digital asset business licenses from the Bermuda Monetary Authority (BMA,) becoming the island nat [...]
Proposed Bank Jewel Wants to Become a Global Stablecoin Issuer, With Bermuda’s OK — CoinDesk
“The big challenge that happens, let’s say there was a run, let’s say there was a bankruptcy or some major issue. The holder of the stablecoin has [...]
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