The head of the blockchain and cryptocurrency trends in IBM Jesse Lund (Jesse Lund) suggested that oriented banks stablein will be an important development for blockchain solutions to cross-border payments from a technological giant. About Lund said in an interview on financial news Cheddar.

To develop such stablein IBM pushes the market demand, said the Manager and added that more details will be announced in the coming days.

He noted that more and more banks around the world see a huge benefit in launching a stable of tokens in national currencies. On the question of how comparable IBM solution with a future stable coin JPMorgan Chase supported the US dollar, Lund replied that their stablon will not be the same inner token like JPM Coin.

It’s not a proprietary coin as a solution to JPMorgan, although I think what they are doing has a lot of sense. […] What develops JPM, also adds a huge confirmation of what we do. But we believe that stable coins should be more available, and World-Wire is committed to ensuring the interchangeability of digital assets in financial institutions,” said Jesse Lund.

The international payment network of the IBM World the Blockchain Wire (BWW) based on the blockchain Stellar has been launched by the Corporation in the past year. Recently, Lund said that in addition to using a token-Stellar (XLM) the company is considering the introduction of BWW and other scriptaction: XRP, BTC, tablconv or digital currencies Central banks (CBDC).

Recall that last year IBM announced the launch of stablon on the basis of the blockchain Stellar in partnership with startup battlefield.