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Mesta , a fintech platform reshaping global payment networks with hybrid fiat and stablecoinpayment rails, unveiled its cross-borderpayment platform. It combines real-time fiat payment rails with blockchain-powered stablecoin rails, addressing inefficiencies in global payments and trade.
XWeave , a startup developing infrastructure for stablecoin-based cross-borderpayments, has raised US$3 million in seed funding. Since launching operations in December 2024, XWeave has enabled real-timepayments between Singapore and the Philippines. said Milind Sanghavi, Founder and CEO of XWeave.
FXC Intelligence, a data platform specializing in the cross-borderpayment and e-commerce sectors, has released its annual Cross-BorderPayments 100 list, highlighting the 100 most influential players in global payments. The company is currently valued at US$5.5 billion, according to CB Insights.
This dual licensing enables the company to offer cross-borderpayment services that integrate traditional fiat currencies with blockchain-based stablecoin transfers. COO Michael Burtsche r also added: Stablecoins are transforming how money moves globally.
Circle Internet Group announced the launch of its Circle Payments Network (CPN), a new system designed to connect financial institutions for cross-borderpayments using regulated stablecoins. The post Circle Launches StablecoinPayments Network for Cross-Border Settlements appeared first on Fintech Singapore.
Stablecoins are valued one to one to their parent. Up to now US stablecoins are regulated by individual states, for example New York applies its existing virtual currency regulations to stablecoins rather than treating them as a separate asset class. Stablecoins Act” or “GENIUS Act.” Final regulations expected in 2026.
Through the new partnership, OpenPayd will support Ripple’s cross-borderpayments solution, Ripple Payments, with its global fiat infrastructure, including real-timepayment rails, multi-currency accounts and virtual IBANs. This is how we accelerate real-world adoption of stablecoins at scale.”
With firms spending roughly $120billion (S$154.2billion) on cross-border transaction fees, alternatives are being sought after. According to a new report from the Project Guardian FX industry group, implementing tokenised bank liabilities and shared ledgers in cross-borderpayments and FX is a viable solution.
Growth : In regions such as Southeast Asia and Latin America, bank transfer payments have grown by 20% annually due to increasing banking access. Faster Payments (U.K.), Projected Growth : The cryptocurrency market for payments is expected to grow to $250 billion by 2030 as stability increases and regulatory frameworks develop.
Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Retail Banking Restaurants Regulations & Policy Risk Technology B2B An article from Dive Brief Tensec raises $12M to boost growth Meanwhile, other cross-borderpayment firms have raised millions in recent weeks to bolster their international expansion.
Conduit , a leading cross-borderpayments platform powered by stablecoins, announced today it closed a $36 million Series A funding round. To date, Conduit has saved clients over 60,000 hours in settlement times and generated fee savings worth over $55 million. .
At this point, if you’ve been working in the financial services industry since January, you’ve likely heard of stablecoins, and you may have heard of tokenized deposits. Here’s a brief overview of where stablecoins and tokenized deposits intersect, where they are different, and where they may be most useful.
Will Marwick CEO, IFX Payments The Payments Report 2024 highlights the growing impact of digital currencies, particularly stablecoins, as transformative payment solutions. The report notes how stablecoins, supported by regulatory developments, are driving advancements in digital commerce and cross-border transactions.
The payments landscape is evolving with digital assets, real-time transactions, and new regulationsbusinesses must adapt to stay efficient and compliant. The payments industry is undergoing a profound transformation. These innovations offer businesses and consumers a way to move money faster, cheaper, and more securely.
This enables Merge to offer seamless payments in both local and digital currencies, combining the trust of regulated fiat operations with the speed and efficiency of stablecoin-based transfers. These tools allow businesses to manage global treasury operations more efficiently and automate end-to-end payment flows.
Through the partnership, banks can use Partior’s network to access Nium’s global payments infrastructure without needing additional API integration, offering seamless real-time transactions. Global payments platform Nium announced today that it has partnered with blockchain-based fintech for clearing and settlement Partior.
Stablecoins This technically fits into the crypto category, but it deserves a highlight all on its own because of the potential. Stablecoins are a type of cryptocurrency pegged to a fiat currency or a commodity, such as gold. Also, stay informed about regulatory changes, as they are sure to change as crypto continues to evolve.
When you think about financial technology, it is easy to think about solutions which are making payments faster, easier and more accessible. Having discussed the myths , hype and usage of buy now pay later (BNPL), we now turn our focus to cross-borderpayments. Keeping up with regulations will also be vital.
“Clients engaged us, saying they need a way to move money onto the blockchain,” Farooq told The New York Times in an interview. Several cryptocurrency exchanges already have their own so-called stablecoins. The JPM Coin, as mentioned, is not the only stablecoin on the market. dollars from JPMC.
Proliferation of Real-time, Cross-border Transactions Banks’ biggest competition in cross-borderpayments in the next five years, Source: Future of Cross-BorderPayments: Who Will Be Moving $250 Trillion in the Next Five Years?,
Expanding payment connectivity This year’s report puts an emphasis on Singapore’s leadership in cross-borderpayment integration, underscoring the country’s position at the forefront of payment innovation both regionally and internationally. This was followed shortly thereafter by StraitsX and its XSGD stablecoin.
are increasingly linking into the real-timepayments infrastructure of the RTP network, according to a new survey by The Clearing House. The company is founded on confidence in digital currencies' ongoing proliferation in the financial services world, including in areas like state-backed stablecoin.
However, historically, those families in developing countries have not been able to experience the full fruits of the labour as cross-borderpayment firms have taken a big cut. Sending cross-borderpayments, for example, often comes with heavy processing costs and conversion fees.
Prototypes and proofs of concept are being developed for payment systems based on distributed ledger technology (DLT). These include cross-borderPayment versus Payment (PvP) transactions and wholesale market Delivery versus Payment (DvP) transactions.
.” BVNK partners with LianLian Global to bring real-timestablecoinpayments to 100 markets LianLian Global , a cross-borderpayments provider, has joined forces with BVNK , a UK-based stablecoinpayments platform, to offer stablecoinpayment capabilities to merchants in more than 100 countries.
Partnerships and collaborations Orbital , a cross-borderpayment platform bridging stablecoins and fiat, has partnered with ClearBank Europe to enable real-time euro transactions via SEPA. The integration gives Orbital’s enterprise clients faster, lower-cost payments with full compliance.
Singapore furthers payment innovation aspirations 2023 also saw Singapore advance its payment innovation ambitions, particularly in the realms of electronic payments and cross-borderpayment capabilities. SGQR+ aims to increase the number of payment methods that merchants can accept.
By fostering strong relationships with merchants, PSPs, and issuing banks, EPI is now in a great position to effect significant change and shape the future of digital payments across Europe. Part of this was the launch of the real-timepayment system Wero last summer.
” The big thing in the next few years for Prajit Nanu , co-founder and CEO of Nium, will be “treasury optimisation” He explained: “Actually that’s going to be convergence of lot of buzzwords, which is realtime, payments, open banking, AI and stablecoins.”
Currencycloud Provides APIs for real-time FX, multi-currency wallets, and global payments infrastructure, powering many B2B fintech platforms. Best for : Platforms building cross-borderpayment functionality into their services. Best for : Platforms requiring cross-border disbursements at scale.
Payments FinTech Sila offers an Infrastructure-as-a-Service platform to help companies more seamlessly integrate compliant payments capabilities within their solutions via application programming interface (API), with an integrated stablecoin, SILA. The company recently announced $7.7
As noted in The Financial Review , the Reserve Bank of Australia has said that there are risks tied to the stablecoin, and that global efforts for any digital coins (Libra included) must address those risks before launch.
Rewiring the cross-borderpayments paradigm: Risk and security in correspondent banking confirmation May 12 2025 by Payments Intelligence LinkedIn Email X WhatsApp Whats the article about? The industry is moving towards AI-driven compliance, real-time data, and closer collaboration among banks, fintechs, and regulators.
a global financial technology company and stablecoin market leader, today announced Circle Payments Network (CPN) to connect financial institutions – banks, neo-banks, payment service providers, virtual asset service providers and digital wallets – and enable real-time settlement of cross-borderpayments using regulated stablecoins.
Centralised platforms that support multi-currency transactions, offer real-time reporting, and accommodate both traditional and emerging payment methods (e.g., stablecoins) help streamline operations and improve efficiency.
Payments in 2025 will be shaped by AI, instant payments, CBDCs, embedded finance, and sustainability. The payments industry in 2024 saw rapid evolution, marked by the growing adoption of real-timepayments, advances in AI-driven fraud detection, and significant progress in Central Bank Digital Currencies (CBDCs).
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