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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.

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XWeave Secures US$3 Million Funding for Stablecoin Cross-Border Payments

Fintech News

Additional investors include White Star Capital, Fabric Ventures, Digital Currency Group (DCG), The Venture Dept., The company is also in talks with regional fintechs and global merchant platforms to integrate real-time cross-border settlement into their products. and several angel investors.

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Will Central Bank Digital Currencies (CBDCs) Impact Cross-Border Payments in 2024?

The Fintech Times

Payments are arguably the face of fintech. As of December 2023, 130 countries, representing 98 per cent of global GDP, were exploring central bank digital currencies (CBDCs) according to the Atlantic Council ‘s CBDC tracker. ” The post Will Central Bank Digital Currencies (CBDCs) Impact Cross-Border Payments in 2024?

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Bitcoin Daily: OMFIF Debuts Digital Monetary Institute; Chinese Leaders Back Regional Digital Currency Plan

PYMNTS

The group, which has been releasing detailed central bank digital currencies (CBDC) and cryptocurrency reports as of 2018, is geared toward CBDCs and retail and wholesale payments. . The digital currency would be backed by the yuan, the Korean won, the Japanese yen and the Hong Kong dollar. .

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Bitcoin Daily: Chinese Leaders Back Regional Digital Currency Plan

PYMNTS

The group, which has been releasing detailed central bank digital currencies (CBDC) and cryptocurrency reports as of 2018, is geared toward CBDCs and retail and wholesale payments. . The digital currency would be backed by the yuan, the Korean won, the Japanese yen and the Hong Kong dollar. .

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MANSA Partners with Bitmama to Enhance Cross-Border Payments in Emerging Markets Through Virtual Crypto Cards

Fintech Finance

Payment companies across Africa face significant challenges in establishing cross-border payment services, where maintaining pre-funded accounts in multiple countries often poses an obstacle due to limited capital, stifling innovation and creating a liquidity gap. Bitmama started in 2017 as a P2P digital currency exchange.

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MANSA Provides Bitmama With Liquidity, Expanding Payment Capabilities for Consumers Across Africa

The Fintech Times

The partnership comes as payment companies across Africa continue to face significant challenges in establishing cross-border payment services, where maintaining pre-funded accounts in multiple countries often poses an obstacle due to limited capital, stifling innovation and creating a liquidity gap.