Remove Cross-Border Settlement Remove Settlement Remove Use Case
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Circle Launches Stablecoin Payments Network for Cross-Border Settlements

Fintech News

The network aims to enable faster, lower-cost international money transfers by utilizing stablecoins such as USDC, EURC, and other regulated digital currencies for real-time settlement between participants like banks, payment providers, virtual asset service providers, and digital wallets.

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Bitcoin Daily: Monerium Partners With Algorand To Enable Blockchain Transactions; Square To Build Lightning Development Kit To Enhance Bitcoin Wallets

PYMNTS

21), and the two companies are going to work together to develop “real-world use cases that are enabled by advanced blockchain technology” that will use Monerium’s “programmable” digital money, according to W. The deal was announced on Tuesday (Jan. Sean Ford, Algorand’s chief operating officer.

Bitcoin 52
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A Closer Look At Ripple’s Money-Saving Claims

PYMNTS

We break down the company’s argument as presented in “ The Cost-Cutting Case for Banks: The ROI of Using Ripple and XRP for Global Interbank Settlements.” While this can be a solution to some of the costs associated with cross-border payments, Ripple noted that many FIs cannot afford to maintain these accounts.

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Can FinTech Walk The FinTalk?

PYMNTS

with supporting use cases mostly related to financial services and cross-border settlement, for a grand total of $242 million in 2018. They’re also using software and cryptographic techniques and permissioned-based networks to digitize and move assets around the world faster and in a secure, compliant manner.

FinTech 73
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Rewiring the cross-border payments paradigm: Risk and security in correspondent banking confirmation

The Payments Association

Misaligned operating hours between central infrastructures further complicate matters, trapping liquidity and delaying settlement. We can develop systems that settle instantly, but unless the law backs us, it’s just a ledger of promises. Can real-time cross-border payments be safe?