PNC Bank has joined RippleNet which uses blockchain-based systems to make international payments. It is emerging as a competitor to the current Swift Bank system of international finance. https://www.financemagnates.com/cryptocurrency/coins/ripple-signs-top-10-us-bank-to-use-blockchain-payment-tech/
Now, Bank of England governor Mark Carney, who has previously poured scorn on bitcoin and its crypto peers, has said a global digital currency, which sounds remarkably like bitcoin, could replace the U.S. dollar as the world’s reserve currency.
https://www.forbes.com/sites/billybambrough/2019/08/31/the-bank-of-england-governor-proposed-a-radical-competitor-to-bitcoin-and-the-us-dollar/#2dbc378cf034
China’s central bank will launch a state-backed cryptocurrency and issue it to seven institutions in the coming months, according to a former employee of one of the institutions who is now an independent researcher. Paul Schulte, who worked as global head of financial strategy for China Construction Bank until 2012, says the largest bank in the world, the Industrial and Commercial Bank of China, the second largest bank in the world, his former employer, the Bank of China, the Agricultural Bank of China; two of China’s largest financial technology companies, Alibaba and Tencent; and Union Pay, an association of Chinese banks, will receive the cryptocurrency.
https://www.forbes.com/sites/michaeldelcastillo/2019/08/27/alibaba-tencent-five-others-to-recieve-first-chinese-government-cryptocurrency/