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Bitcoin Technology's Next Big Test: Trillion-Dollar Repo Market
A bitcoin sits on top of a collection of U.S. one dollar bills. DTCC said Tuesday it will be testing the virtual currencys blockchain application on repo trades.
Credit: Bloomberg News
Depository Trust & Clearing Corp., a firm at the center of Wall Street’s trading infrastructure, is about to give the technology behind bitcoin a big test: seeing whether it can be used to bolster the $2.6 trillion repo market.
From The Wall Street Journal
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