U.S. forex exchange (FX) settlement giant CLS’ blockchain payment netting service has gone live today, Nov. 28. According to the the company’s press release, Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS) are among the initial users of the service, which was built in conjunction with IBM (NYSE:IBM).

The CLS Group reportedly settles an average of $5 trillion in payment instructions daily, and has members including Goldman Sachs, JPMorgan (NYSE:JPM), Barclays (LON:BARC), and Citigroup (NYSE:C).

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