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Founded in 2021 by Ife Johnson and Justin Ziegler , Juicyway enables individuals and businesses to send, receive, and process payments globally. The platform supports fiat currencies like the Nigerian Naira (NGN), US Dollar (USD), and Canadian Dollar (CAD), as well as cryptocurrency transactions.
In this exclusive Fintech Review interview, Adam Swartzbaugh, CEO of Almond FinTech , discusses transformative cross-borderpayment technology. Almond’s blockchain-driven Settlement Optimization Engine (SOE) addresses critical speed, transparency, and cost challenges in cross-borderpayments.
Community Your feed Latest expert opinions Groups Join the Community 23,479 Expert opinions 41,848 Total members 350 New members (last 30 days) 190 New opinions (last 30 days) 29,133 Total comments Join Sign in Stablecoin – CrossBorderPayment Driver?! Consumers enjoy the ability to make and receive instant payments.
Market Size Value of cross-borderpayments is estimated to reach a minimum $ 250 trillion by 2027. Global non-cash commercial payments will grow at a CAGR of 11.3% 60% of corporate banks agree that cross-border real-time payments infrastructure brings a revenue opportunity.
The economy today is tech-driven and payment methods are a key part of that paradigm. From traditional options like credit cards to emerging solutions such as cryptocurrencies and biometrics, each payment method comes with unique advantages that cater to varying consumer needs.
. “For Visa, this is an opportunity to deliver innovations that enhance payment experiences across Asia Pacific with greater flexibility, security, and convenience. Visa is committed to meeting the evolving demands of consumers and merchants, ensuring seamless and secure payments.”
Home News Crypto Visa adds settlement support for more stablecoins Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Stablecoin adoption is exploding, with $27 trillion in total transaction volume globally across 1.25
Fast settlement: Typical wire transfers take 3–5 days; stablecoins settle in minutes or less. Corporate & Institutional Adoption Visa : Expanded its pilot to settle merchant cross-borderpayments in USDC, reducing intermediaries and costs. dollar—are rapidly reshaping the global remittance landscape.
Key insights from the PAY360 2025 survey on current challenges and opportunities in the payments sector. It highlights how industry leaders are prioritising AI, cross-borderpayments, and digital currencies while grappling with regulatory, technological, and customer demands. Why is it important? What’s next?
Stablecoins, which are cryptocurrencies pegged to fiat or a physical asset, have the potential to bring significant value to users. That’s because they are both instant and inexpensive, unlike payments made via traditional payments rails such as SWIFT. ” BVNK cofounder and CEO Jesse Hemson-Struthers told Fortune.
The growing role of digital assets in payments The way we process payments has changed drastically in the last decade. Instant, contactless, and tokenised payments are now at the forefront of payment processing. These innovations offer businesses and consumers a way to move money faster, cheaper, and more securely.
The report notes how stablecoins, supported by regulatory developments, are driving advancements in digital commerce and cross-border transactions. Their price stability, especially when fiat-backed, is proving vital for remittances, settlement processes, and even everyday payments. and Brazil.
The crypto payment adoption is growing rapidly across the European Union (EU), with stablecoins being widely used as a preferred cryptocurrency among businesses. The Rise of Stablecoins in Europe With the evolving global financial landscape, European businesses are aggressively turning to cryptocurrencypayments for more efficiency.
Others, including the Bank for International Settlements, warn that they’re built on shaky ground. But unlike most cryptocurrencies that swing wildly in price, a stablecoin is designed to stay, well, stable, of course. Instead of backing with fiat, they use other cryptocurrencies as collateral. So, What Is a Stablecoin?
Kicking things off, Francis breaks down a new partnership between cross-borderpayments platform dLocal and stablecoin payments infrastructure provider BVNK , which aims to speed up settlements using stablecoins. This week, all three of our hosts share articles that caught their eye.
As a result, the USD-denominated stablecoin is now being integrated into Ripple ‘s flagship payments solution, Ripple Payments, as the digital asset infrastructure provider looks to drive RLUSD’s utility and demand. Over time, Ripple will also expand the use of RLUSD for our payments customers.
The transfer service becomes the first product in a wider suite of digital asset services being developed by Clear Junction to meet increasing demand from fintechs, payment service providers (PSPs), and regulated financial institutions. Stablecoin use cases are also emerging in treasury operations, and crypto-fiat liquidity management.
. “In Latin America, companies face a critical challenge: the slowness of fund availability, with delays of 48 to 72 hours and even up to one week, directly impacting their liquidity,” Do Payment Chief Product Officer Valentina Brero said. Worldpay went live with domestic acquiring services in Thailand.
The agreement brings together OpenPayd’s API-based payment and banking services with Circle’s infrastructure for USDC, a dollar-denominated stablecoin issued by regulated affiliates of Circle. According to the official press release, OpenPayd processes more than 130 billion annually on behalf of more than 750 business clients.
Vincent Chok , CEO at First Digital “2025 is undoubtedly going to be a breakout year for stablecoin adoption, with businesses increasingly looking for solutions that address regional challenges like cross-borderpayment friction and currency volatility,” explained Vincent Chok , CEO at First Digital.
This can drive value for: Government Economic Growth Stablecoins move instantly and with sub-second finality settlement. This facilitates faster money movement than the traditional banking/payment systems, often by 24 hours. This is a regulatory framework for stablecoins, backed by low-risk assets such as cash ($) and US T-Bills.
card networks, are eager to tout the benefits they may gain from the advance of stablecoins and dismiss the threat those cryptocurrencies pose. As stablecoin legislation has advanced in Congress the possibility has increased that these cryptocurrencies will soon have a legal framework in the U.S.
Stablecoins are a type of cryptocurrency pegged to a fiat currency or a commodity, such as gold. Why it’s big : Stablecoins bridge the gap between the volatility of traditional cryptocurrencies and the stability of fiat currencies.
Reduced Transaction Costs and Fees (including cross-border) Stablecoin transactions are significantly faster than traditional methods, often confirmed in seconds or minutes. Operating on blockchain networks, stablecoin payments are available 24/7, bypassing the limitations of traditional banking hours and weekend closures.
The demand from consumers to move money across borders as seamlessly as possible has become so great, that some have delved into the world of DeFi to see if they can get a better money-moving experience. Through the new collaboration, OpenPayd is offering simple conversion between fiat currencies and USDC.
Longo will drive strategic investments to fuel growth and help advance Chainalysis’ mission to build trust in cryptocurrency markets through data and blockchain analysis. MANSA, a global fintech in cross-borderpayments, has closed a $10million funding round.
By enabling the proliferation of dollar-backed stablecoins in digital wallets, cross-borderpayment systems, and institutional markets, the U.S. These are not speculative assets; they are widely used for payments, remittances, inflation hedging, and offshore settlement.
Reduced Transaction Costs and Fees (including cross-border) Stablecoin transactions are significantly faster than traditional methods, often confirmed in seconds or minutes. Operating on blockchain networks, stablecoin payments are available 24/7, bypassing the limitations of traditional banking hours and weekend closures.
dollar – offer a powerful opportunity to modernize cross-border money movement. With their potential for fast settlement, greater reliability, and broader access, stablecoins are particularly compelling in markets where financial infrastructure is limited or currency volatility is high. We’re just getting started!
As part of the alliance, Whalet will utilise TerraPay’s technology to scale its payout capabilities, providing businesses with secure and compliant payment corridors across multiple regions. Source: Link Free Headlines in your E-mail Every day we send out a free e-mail with the most important headlines of the last 24 hours.
BOE officials argue that commercial banks and fintech firms are already addressing key issues such as cross-borderpayments and financial inclusion, thereby providing digital payment services, interest-bearing accounts, and financial security for deposits under £85,000 through established frameworks.
MANSA , a leading decentralised finance (DeFi) platform specialising in cross-borderpayments and trade financing, has partnered with blockchain payment platform Bitmama to improve cross-borderpayment accessibility across Africa.
Since 2009, the financial landscape has been undergoing a transformation with the emergence of cryptocurrencies. As digital currencies grow in popularity , merchants around the world are exploring the potential benefits of accepting payments in cryptocurrency.
So, why do cross-borderpayments present so many challenges? Despite rapid market growth, international payments have been hampered by country-specific regulations, while transactions being channeled through intermediary banks can take days to complete and often come with fees. Currently, there are 0.7
An international association for central banks has issued a report that “aims to make lasting improvements in cross-borderpayments.” The current problem, according to the report , is that the payments setup “can be slow, expensive, unreliable” — or even unavailable in some countries.
An international association for central banks has issued a report that “aims to make lasting improvements in cross-borderpayments.” The current problem, according to the report , is that the payments setup “can be slow, expensive, unreliable” — or even unavailable in some countries.
Powering cross-borderpayments with RLUSD and Ripple Payments Today, Ripple has enabled RLUSD cross-borderpayments in its flagship payments solution, which processes billions of dollars in volume. Over time, Ripple will also expand the use of RLUSD for our payments customers.
Beyond that trading, noted Forbes , there has been speculation that banks would embrace Ripple to move money through cross-border conduits. In news that may be separated from the vagaries of cryptocurrency trading, Banco Santander said this week that it will use Ripple’s ledger, bringing payments across the bank’s OnePay FX platform.
Unlocking Global Cross-BorderPayment Flows Stablecoins like XSGD are rapidly emerging as the preferred solution for on-chain cross-borderpayments, providing a secure and efficient alternative to traditional financial systems.
Cross-borderpayments remain costly and complex, but innovations in FX, APIs, and stablecoins are unlocking faster, smarter global money movement. In today’s hyperconnected world, managing cross-borderpayments remains surprisingly complex, inefficient, and costly. Slow: Settlement taking 1-5 days.
Currencycloud , which works in global B2B cross-borderpayments, will be working with enterprise blockchain solution Ripple on new solutions for fast global payments, a press release says. The press release says Currencycloud recognizes the need for fast, secure payments during the global crisis.
Bitso Business —the B2B arm of Bitso that provides infrastructure for efficient and transparent cross-borderpayments— announced today the creation of its subsidiary Juno , a company dedicated to the issuance and management of virtual assets.
Individual jurisdictions around the globe are pressing for both faster and more efficient cross-borderpayments. China’s central bank, for instance, took steps last month to boost the efficiency of cross-border transactions involving Chinese parties by lengthening its clearing window time span. In the U.S.,
According to the Bank for International Settlements (BIS), as of July, some 36 central banks published studies on the concept of a central bank digital currency (CBDC) also known as a digital fiat currency, the report stated. SWIFT currently expedites cross-borderpayments for 11,000 banks across more than 200 countries.
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