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Global payments network Thunes has announced a collaboration with Circle , the issuer of regulated stablecoins USDC and EURC. This partnership aims to enhance stablecoin liquidity management in cross-borderpayments. Settlements made with stablecoins provide exactly these four things.
Ripple announced it has added its US dollar-backed stablecoin, RLUSD, to its Ripple Payments platform to support enterprise cross-border transactions using the digital asset. Ripple said the stablecoin is aimed at improving the speed and reducing the cost of international payments processed through its network.
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 Fiserv CEO embraces stablecoins The processor is developing an infrastructure that would let its merchant customers make use of the digital assets, Mike Lyons said.
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-time payments between Singapore and the Philippines. said Milind Sanghavi, Founder and CEO of XWeave.
Bitso Business the B2B arm of Bitso that provides the infrastructure for the future of cross-borderpayments releases its 2024 results. The global cross-borderpayments market, currently valued at $44 trillion, is projected to reach $65 trillion by 2030. trillion by 2030.
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.
Yellow Card, Africa’s largest licensed stablecoin on/off-ramp fintech, will also leverage PYUSD to facilitate transactions. Yellow Card CEO Chris Maurice highlighted the transformative potential of stablecoin-based payment rails in optimising cross-border transactions. .”
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.
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.
Juicyway addresses this need by leveraging stablecoin technology to enable fast, affordable global money transfers with 24/7 execution and settlement. Stablecoin technology and our network model make this vision achievable by enabling fast and efficient money movement. We couldn’t be more excited to support their journey!
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.
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-borderpayment system. billion consumers through more than 30 payment partners globally, enabling seamless cross-borderpayment experiences.
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?! Global payments between 2018 and 2023 grew rapidly.
Ripple, a provider of enterprise blockchain and crypto solutions, has launched its stablecoin, Ripple USD (RLUSD) , on global exchanges today. Ripple aims to facilitate global adoption through partnerships with these and other market makers and payment providers, focusing on the Americas, Asia-Pacific, UK, and Middle East regions.
Fast settlement: Typical wire transfers take 3–5 days; stablecoins settle in minutes or less. FX Stability Pegged to USD, stablecoins offer protection from currency depreciation (e.g., Key Facts & Statistics Transaction volume : In 2024, stablecoin volume hit $27.6 in Sri Lanka or Myanmar). in Feb 2024 to $4.1T
The Payments Pulse is a multipart report covering the most impactful macro trends, innovations and regulatory shifts shaping the future of cross-borderpayments today. policy changes mean for cross-borderpayments and your business. Click here to download the report.
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.
Ripple has named BNY Mellon as the primary custodian for the reserves backing Ripple USD (RLUSD), its enterprise-focused stablecoin. RLUSD is issued under a New York Department of Financial Services Trust Company Charter and is designed to improve the speed, cost and efficiency of cross-borderpayments.
Ant International , the global arm of Chinese tech firm Ant Group, is evaluating the possibility of applying for stablecoin licenses in several countries, according to comments made during the Reuters Next Conference in Singapore. Instead, it sees stablecoins as a way to streamline international payments and enhance the user experience.
RLUSD is an enterprise-grade, USD-denominated stablecoin created with trust, utility, and compliance at its core, backed by Ripples years of experience working with crypto and the existing financial system. RLUSD is ideal for financial use cases and allows institutions to: Facilitate instant settlement of cross-borderpayments.
Deutsche Bank and Ant International have announced their strategic partnership to provide more comprehensive payment solutions for businesses of all sizes in Europe and Asia, by combining their expertise and leveraging Ant International’s proprietary tokenisation and AI-based FX technology.
Stablecoins have a huge impact on the financial market as we know it, but more can still be done. Looking to take stablecoin usage to the next level in Hong Kong, Standard Chartered Bank (Hong Kong) Limited (SCBHK), Animoca Brands , and HKT have announced a joint venture (JV) to issue a Hong Kong dollar-backed stablecoin.
While 82 per cent of respondents said they primarily send money to support family and friends, 15 per cent reported sending it to themselves Poor experience Yet, 94 per cent of users are dissatisfied with how cross-borderpayments work today. The culprits? Poor exchange rates, hidden fees and sluggish transfers.
Introducing the AIsa Payment Network AIsa combines the speed of the Lightning Network with the stability of multi-asset stablecoins to deliver an AI-native payment solution. Programmable Payments: Smart contract integration for automated transactions.
Following the passing of the GENIUS Act in the US, adoption of stablecoins could be set to surge, according to a new report from FXC Intelligence , the cross-borderpayments data and intelligence provider. In the report, FXC outlines growing investment interest in stablecoins. What’s next for stablecoins?
But ask most people (even some in finance) what a stablecoin actually is, and the answers get a little fuzzy. With regulation finally catching up and central banks taking a closer look, stablecoins are stepping into the spotlight. So, What Is a Stablecoin? A stablecoin is a type of digital token. Is it safe?
DLocal (NASDAQ: DLO), the leading cross-borderpayment platform specializing in emerging markets and BVNK, the stablecoinpayments infrastructure provider for global enterprises and PSPs, today announced a strategic partnership that enables faster, programmable, and more cost-effective money movement across 40+ markets.
Stablecoins are blowing up the financial ecosystem. As proof, we saw news last week that major retailers Walmart and Amazon are exploring developing their own stablecoins. If retailers are jumping onto the stablecoin bandwagon, should your firm or fintech be considering doing so, too? Should you issue your own stablecoin?
Our new partnership with Bloxcross makes this possible, unlocking instant, compliant access between fiat currencies and fully backed stablecoins. This is not just faster payments. The Missing Link for Stablecoin Adoption Stablecoinslike Aryzes Branded Stablecoins (SaaS)offer a powerful foundation for faster, more transparent payments.
dtcpay , the licensed payment service provider, has announced that it will no longer be supporting Bitcoin (BTC) and Ethereum (ETH) in the new year as it transitions to only support stablecoins for its Digital Payment Token (DPT) payment services.
From a Press Release dated June 11, 2025, Philadelphia, Pennsylvania Matera , a leading financial technology provider, has partnered with Circle , the global issuer of the USDC stablecoin, to integrate stablecoins as a mainstream payment method within core banking systems.
Deutsche Bank and Ant International have entered a strategic partnership aimed at enhancing cross-borderpayment services for businesses of all sizes in Europe and Asia. The agreement combines Deutsche Bank’s global network with Ant International’s digital payment technologies.
Through the new partnership, OpenPayd will support Ripple’s cross-borderpayments solution, Ripple Payments, with its global fiat infrastructure, including real-time payment rails, multi-currency accounts and virtual IBANs. The partnership marks progress for OpenPayd’s recently launched stablecoin infrastructure.
based stablecoin infrastructure provider BVNK secured a $50 million Series B round, boosting its valuation to $750 million. As living proof that the stablecoin revolution is underway, stablecoin infrastructure provider BVNK has raised $50 million. Stablecoins have exceptional potential for cross-borderpayments and remittances.
Amid a push toward the use of cross-borderpayments, the financial services industry is holding back on stablecoinpayments as it awaits consumer adoption and regulation. Stablecoin is cryptocurrency that aims to keep a stable value relative to a specified asset like government-issued currency or gold.
Crypto exchange OKX has joined the Global Dollar Network as a core partner, offering access to the USDG stablecoin to its 60 million users in 180 countries. The move supports efforts to enable cross-borderpayments and expand access to stablecoin infrastructure and decentralised finance tools.
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 Mastercard, Visa play down stablecoin threat The giant card networks are sifting through the opportunities and threats that stablecoins present for their businesses.
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.
The Orbital ClearBank partnership connects SEPA rails with stablecoins, driving innovation in cross-border digital payments. Cross-borderpayments using rails like SWIFT are too expensive, too slow, and too opaque for enterprises trading with and across Europe.
Projected Growth : The cryptocurrency market for payments is expected to grow to $250 billion by 2030 as stability increases and regulatory frameworks develop. Stablecoins : Stablecoins like USDC and USDT are increasingly popular in e-commerce due to their reduced volatility, with stablecoin transactions growing 30% year-over-year.
PayPal has launched a new platform called PayPal World to simplify cross-borderpayments and digital wallet interoperability for both consumers and businesses. Support for new tools such as dynamic payment buttons and stablecoin is expected over time.
On this week’s episode of News & Views, The Fintech Times team debate the future of stablecoins, open banking payment methods, and an opportunity around crypto and web3 in the UK, potentially worth billions. This week, all three of our hosts share articles that caught their eye.
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