Standard Chartered is getting in on the action: six fiat currencies are directly connected, foreign-exchange frictions are cut in half, and the capital efficiency of global institutional players is set to take off.

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CryptoWorld News: Coinbase announces a partnership with Standard Chartered Bank to expand global multi-currency funding channels through Coinbase Prime, supporting AUD, SGD, CAD, CHF, EUR, and GBP. Coinbase states that this move will improve capital efficiency, reduce foreign exchange friction, and enable institutional clients to seamlessly conduct global market operations on the same platform via Coinbase Prime.
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