Once the loan is approved, tokens will be sent to an escrow, which is a third-party smart contract, until the credit is repaid with fiat or tokens, Scaliter said. If a farmer repays the loan with tokens, Santander will automatically convert them to Argentine pesos on the Agrotoken platform, Scaliter said.
Related posts
-
BitGo Launches Singapore Services Following License Approval from MAS in August
“A lot of institutions in Singapore and Asia haven’t really done much . There have been... -
DCG launches new AI subsidiary to support Bittensor
Digital Currency Group, the parent company of Grayscale and Foundry, has launched a new decentralized intelligence... -
FDUSD Stablecoin Launches on Sui Blockchain
Rebeca Moen Nov 20, 2024 14:36 First Digital introduces its stablecoin, FDUSD,...