148 Japan's Zengin interbank data system "glitch" delays transfers at 11 banks for 2nd day in a row affecting $81B (x2) of interbank transfers. More than 1 million people unable to pay bills or use ATMs (www.upi.com) posted 1 year ago by CoolAsACucumber 1 year ago by CoolAsACucumber +148 / -0 Japanese banks crippled by systems outage affecting $81B of interbank transfers - UPI.com A clearing systems outage affecting 11 of the largest banks in Japan on Tuesday, including MUFG, Mitsubishi Trust and JPMorgan Chase, left more than a million customers unable to make electronic transfers to other banks. 33 comments share 33 comments share save hide report block hide replies
Is this an on demand liquidity issue?
Sounds like it. The global system is on life support. They must have war to get liquidity. Gregory Mannarino
Possibly. A high likelihood.
Think of it as Japans version of SWIFT going offline. That is what's happening right now.
Japans biggest bank is having so much problems that customers can't even withdraw from ATMs on top of paying bills.
Oooh. Kind of plays into the xrp solves ODL narrative. A major event will force it into being. More hopium that probably won't playout but interesting nonetheless.
I would recommend doing some research into Cardano and Midnight.
Haven't heard of midnight. Thanks. I do like cardano. I like how easy the cardano network works. I also like cosmos.