The key differences between BLINC and SEN is that the former is multicurrency and isn’t tied to a single credit institution, such as a Silvergate or Signature Bank, Landsberg-Sadie said. It was not designed to take deposits, he added, having been purpose built as a payment institution, providing onramps to a collection of banks in places like the U.K., Switzerland and Europe.
Source: https://www.coindesk.com/business/2023/03/06/crypto-banking-firm-bcb-readies-us-dollar-payments-to-plug-silvergate-gap/?utm_medium=referral&utm_source=rss&utm_campaign=headlines