ChainCatcher news, according to Ledger Insights, UBS has successfully piloted a blockchain-based payment system known as UBS Digital Cash, aimed at improving the efficiency of cross-border transactions.UBS stated in a press release that the pilot involved transactions with multinational clients and banks, including domestic transactions in Switzerland and cross-border payments in USD, CHF, EUR, and CNY. UBS plans to further expand and develop UBS Digital Cash.It is reported that the system uses a private blockchain network, accessible only to authorized clients.

ChainCatcher news, Vitalik, after reading two books on the Bitcoin block size debate from the 2010s, "The Blocksize War" and "Hijacking Bitcoin," shared some of his thoughts on the Bitcoin block size controversy. Vitalik stated that during his personal experience with the Bitcoin block size debate, he usually sided with the big block proponents, and his sympathy for the big block side mainly focused on the following key points:One of Bitcoin's original key promises is digital cash, and high fees could stifle this use case.He does not believe the "meta-level" narrative from the small block side.The SegWit proposal put forth by the small block side aims to slightly increase block size, and compared to a simple hard fork block size increase, this proposal is overly complicated and unnecessary.The small block side is indeed engaging in very inappropriate social media censorship to impose their views.

ChainCatccher news, according to Menafn, the Copenhagen-based fintech company ARYZE announced the completion of an oversubscribed funding round of 2 million kroner (approximately 280,000 USD) and the launch of the Stablecoin series ARYZE Digital Cash.The company states that all Stablecoins are backed by 100% fully bank-reserved assets, including ARYZE Digital Cash eEUR, ARYZE Digital Cash eUSD, and ARYZE Digital Cash eGBP, aiming to provide individuals and businesses with a transaction method that is instantly available and transferable, just like any mainstream crypto asset. (Source link)