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Coinbase Sets Sights on Thai Baht and Philippine Peso Stablecoins

Fintech News

Coinbase, the global cryptocurrency platform, plans to introduce stablecoins pegged to the Thai baht and Philippine peso as part of its focus on Southeast Asia, according to a report by Nikkei Asia. Pollak emphasized that stablecoins aim to modernize legacy financial systems rather than replace national currencies.

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dtcpay and BNB Chain Bolster Ecosystem for Real-World Stablecoin Use

Fintech News

Singapore-based digital payments provider dtcpay has partnered with BNB Chain to accelerate the real-world utility of stablecoins, making paying with stablecoins more practical, accessible, and cost-effective for everyday transactions. technologies. BNB Chain’s low fees, averaging US$0.001 on opBNB and US$0.03

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Visa says every institution that moves money will need a stablecoin strategy

Finextra

Visa is upping it game in the stablecoin market, expanding its settlement capabilities in the Europe, Middle East, and Africa (CEMEA) region to enable USD cross-border transactions through blockchain technology.

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StraitsX Enables Stablecoin-Based Payments for Tourists at GrabPay Merchants

Fintech News

StraitsX, a digital asset payments infrastructure provider in Southeast Asia, has partnered with Ant International and superapp Grab to launch a new blockchain-based cross-border payment system. The new system uses Purpose Bound Money (PBM), which specifies the conditions for using stablecoins, and the Avalanche blockchain.

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Fiserv unveils stablecoin for banks

Finextra

Home News Crypto Fiserv unveils stablecoin for banks Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Recent US action towards stablecoin regulation has seen banks up their interest in such coins.

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Bitso Business Surpasses $12 Billion in Transactions in 2024 and Unveils Study Revealing Stablecoins as the Leading Alternative for Cross-Border Payments

Fintech Finance

Stablecoins have emerged as promising alternatives to fully realizing the potential of cross-border payments. The post Bitso Business Surpasses $12 Billion in Transactions in 2024 and Unveils Study Revealing Stablecoins as the Leading Alternative for Cross-Border Payments appeared first on FF News | Fintech Finance.

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Mesta Launches Hybrid Fiat-Stablecoin Payment Rails for Cross-Border Payments

Fintech Finance

Mesta , a fintech platform reshaping global payment networks with hybrid fiat and stablecoin payment rails, unveiled its cross-border payment platform. It combines real-time fiat payment rails with blockchain-powered stablecoin rails, addressing inefficiencies in global payments and trade.