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SBI plans $100 million investment in US digital bank Erebor to explore blockchain settlements

By Kaye Quema

SBI's investment in Erebor could accelerate blockchain adoption in banking, enhancing cross-border transactions and stablecoin integration. The post SBI plans $100 million investment in US digital bank Erebor to explore blockchain settlements appeared first on Crypto Briefing.

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Blockchain

A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.

It underpins cryptocurrencies and is tested for payments, supply tracking and record keeping.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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