Jewel, a Bermuda-based digital asset banking platform, announced today a partnership with Tokeny, a blockchain-asset compliance infrastructure provider.
Through the partnership, Jewel will power real-time settlement for digital asset institutions via its own bank-issued USD stablecoin on the Polygon, the popular blockchain development platform, offering scalable and sustainable Web3 infrastructure.
Recently, Jewel applied for a combined full-service bank and digital-asset license in Bermuda and seeks to offer a range of services to institutional clients including payments, banking, custody, and lending.
Longer-term, Jewel aims to offer a stablecoin-as-a-service solution to other digital asset and financial institutions B2B, allowing those businesses to provide cheaper, easier, and near real-time payments with stablecoins issued and redeemable directly at the bank level via Jewel.
Jewel’s stablecoin, Jewel USD (JUSD) will eliminate th ..
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