“They are all Done Now” – Seeds of Wisdom RV/GCR Update(s) from Goldilocks 6-23-23

Goldilocks and Seeds of Wisdom Goldilocks posted news links and comments this morning: “CHAPS is a sterling same-day system that is used to settle high-value wholesale payments as well as time-critical, lower-value payments like buying or paying a deposit on a property.” CHAPS was the second part of the Bank of England’s Migration. The first one was RTGS or real-time gross settlements. They are all done now. https://twitter.com/payment_infrast/status/1671769687611277312?t=nDYcx3ILg3ZEtYpXUNBGuA&s=35 “Stablecoins are a form of money that needs to be regulated” per Jerome Powell. This is why we’re seeing a two-week delay in the implementation of our stablecoins and new monetary system. Congress…