Remove Cross-Border Payments Remove Cross-Border Settlement Remove Participant
article thumbnail

Circle Launches Stablecoin Payments Network for Cross-Border Settlements

Fintech News

Circle Internet Group announced the launch of its Circle Payments Network (CPN), a new system designed to connect financial institutions for cross-border payments using regulated stablecoins. The post Circle Launches Stablecoin Payments Network for Cross-Border Settlements appeared first on Fintech Singapore.

article thumbnail

Unlocking the Future of Global Payments: A Deep Dive into China’s CIPS

Finextra

China’s Cross-border Interbank Payment System (CIPS) is rapidly emerging as a central artery in the internationalization of the Renminbi (RMB), offering a robust infrastructure for cross-border settlements and reshaping how global institutions engage with China’s markets. What Is CIPS and Why Does It Matter?

article thumbnail

Ondo Finance Joins the Mastercard Multi-Token Network (MTN) as the First Real-World Asset (RWA) Provider

Fintech Finance

Ondo Finance announced today that it will be the first provider to bring real-world assets (RWA) to the Mastercard Multi-Token Network (MTN), a digital network connecting financial institutions with businesses to improve cross-border payment experiences.

Visa 91
article thumbnail

RTGS.global Completes First Instant Cross-Border Settlement Between Georgia and Tajikistan

The Fintech Times

RTGS.global, a settlement company focused on enhancing cross-border payments, is celebrating a significant milestone with the successful completion of an inaugural instant settlement cross-border transaction via its global network.

article thumbnail

EMQ Closes Funding Round With $20M For Cross-Border Tech

PYMNTS

Asia-based financial settlements network EMQ , which works in cross-border payments, has announced the close of a $20 million Series B funding round led by WI Harper Group, according to a press release. The solution connects bank application programming interfaces (APIs) with payment service providers.

article thumbnail

PingPong: Why Doing Payments Globally Is All About Thinking Locally

PYMNTS

The wall that many new cross-border eCommerce entrants are running into at top speed is the failure to realize upfront what a massive undertaking it is to build global scale for seamless, secure, cross-border settlement. That, Xu said, is among the factors driving the recent consolidation seen in the industry.

article thumbnail

The Fed’s crypto pivot: Unlocking banking access and its impact on payments

The Payments Association

With clearer guidelines and fewer barriers, crypto firms could gain more stable access to fiat bankingenabling better payment infrastructure, faster crypto-fiat transactions, and stronger support for stablecoins and cross-border settlements. How are banks likely to respond? Some of the largest U.S. Several large U.S.