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The platform offers multi-currency accounts, starting with USD, EUR, GBP, NGN and Stablecoins, with payments to more than 100 countries. The first step for Waza was providing competitive foreign exchange (FX) and cross-borderpayments for businesses.
This strategic milestone is significant for FV Bank clients as it expands inbound wire options alongside stablecoin-based payment rails. ” FV Bank account holders who use SWIFT will now enjoy a simpler and more secure experience when receiving cross-borderpayments, with access to a global network of financial institutions.
Mesut Dogan via Getty Images Financial institutions that seek to send payments via the Federal Reserve’s Fedwire Funds Service must migrate to a new international standard come Monday. The Fedwire channel handles some $4.7 Recommended Reading Fed delays start of new Fedwire standard By Lynne Marek • Feb.
Conduit , a leading cross-borderpayments platform powered by stablecoins, announced today it closed a $36 million Series A funding round. “Traditional cross-borderpayment systems do not meet the demands of modern businesses.
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