Today French newspaper
Les Echos published an interview with Goldman Sachs CEO David Solomon about the economy, Brexit and cryptocurrencies. Referring to JP Morgan’s coin, the journalist asked if Goldman might play a role in the disruption. Solomon’s response was “absolutely”.
He continued: “Assume that all major financial institutions are looking at the potential of tokenization, stable coins and frictionless payments.”
Solomon said that Goldman Sachs has done extensive research on tokenization. He believes stable digital currencies that can enable frictionless transfers are the direction for payments. He couldn’t say whether Facebook’s Libra or another platform might make the most progress.
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